Exchanges
Why Oil Prices Are Surging Despite Recovering Supply
14:13
Middle East crude flows have rebounded, but precautionary buying and portfolio hedging are among the factors keeping prices elevated, says Daan Struyven, co-head of Global Commodities Research and head of Oil Research, on the Goldman Sachs Exchanges podcast. Key takeaways: Precautionary physical buying: Physical buyers are bidding up available crude amid growing downside risks to supply.…