Oil Could Crash to $60, But Diesel May Stay Expensive

Real Vision6 hours ago0:42

Could oil prices fall to $60 a barrel in 2027 while diesel costs remain stubbornly high? Rory Johnston, founder of Commodity Context, explains how the Strait of Hormuz crisis, the Russia-Ukraine war, and Houthi attacks in the Red Sea could keep refined fuel markets under pressure even as crude oil prices decline. Watch the full episode of The Geopolitical Edge on Real Vision. 🏆 The Real Vision Trading is now open! The best trade ideas on the platform compete for $80,000 in cash. 📈 Trading League: https://realvision.com/your-future About Real Vision™: We arm you with the knowledge, the tools, and the network to succeed in your financial journey. Connect with Real Vision™ Online: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: 🔥 https://rvtv.io/3Y4t5Pw 📈 Get your Real Vision swag: https://shop.realvision.com 📣 Elevate your brand with Real Vision. Connect with us at [email protected] to explore advertising possibilities. Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf #realvision #macro #crypto #oilprices #crudeoil #dieselprices #brentcrude #roryjohnston #commoditycontext #straitofhormuz #iranwar #energycrisis #oilforecast #geopolitics #energymarkets #commodities #inflation

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Oil Could Crash to $60, But Diesel May Stay Expensive | PiQ Markets