Energy Traders Warn Oil Could Surge to $135 Amid 6-8M Barrel Daily Supply Gap on June 22

According to energy trader Dan Dicker, as reported by BlockBeats on June 22, a 6-8 million barrel daily supply gap in global crude markets could push oil prices toward $135 per barrel if inventory depletion continues, despite political rhetoric from the Trump administration attempting to suppress prices. Dicker noted that current prices are driven more by sentiment and policy signals than fundamentals. WTI crude held around $75 per barrel and Brent at $79 per barrel as of June 22, significantly below levels seen at the height of Middle East tensions.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments