Tuesday, July 21, 2026
Higher-for-longer oil scenario is here to stay- oil and gas 360

Higher-for-longer oil scenario is here to stay

(Oil Price) – Oil prices have been on a climb for over a week now as hostilities in the Middle East continue, and despite recent talk of a glut, the physical market is flashing signs of tightness—and higher oil for longer. Earlier this month, analysts were quick to start warning of an oil glut looming over the world as traffic via