Unplugged: Rising Oil Prices - Bank of Singapore

What this episode covers

In recent months, investors have been witnessing a surge in oil prices. Brent crude has crossed 97 dollars per barrel in late September, reaching a new year to date high, before easing closer to 90 dollars per barrel more recently. Geopolitics, lower inventory levels and demand for petroleum distillates, such as diesel and jet fuel all seem to be creating a favouble backdrop for near term oil strength. However, are elevated oil prices likely to last? How does this also impact some of the Middle Eastern sovereigns that we track quite closely? In our latest episode of Bank of Singapore Unplugged, join our specialists as they unpack the reasons behind the surge in oil prices and the potential impact on the global outlook ahead. Featuring: Sim Moh Siong, Currency & Commodities Strategist David Makoni, Senior Analyst, Fixed Income Research Team Moderated by Joseph Ng, Investment Strategist

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Frequently Asked Questions

How long is this episode of Bank of Singapore?

This episode is 12 minutes long.

When was this Bank of Singapore episode published?

This episode was published on October 17, 2023.

What is this episode about?

In recent months, investors have been witnessing a surge in oil prices. Brent crude has crossed 97 dollars per barrel in late September, reaching a new year to date high, before easing closer to 90 dollars per barrel more recently. Geopolitics,...

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