Dan Yergin explains why oil prices are falling despite tight supply, Russia tensions - CNBC


6/23/2022 12:00:00 AM2 years 10 months ago
by Weizhen Tan

Oil prices have been dropping in the past month despite a market that's still tight, while Europe's tensions with Russia are keeping energy supply on a leash.

Energy expert Dan Yergin said there are two reasons why oil prices have dropped in the past month despite a market that is still tight: the Fed and Russia's war in Ukraine. Oil prices had been incre… [+3401 chars]

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