Rebecca Babin, a senior equity trader at CIBC Private Wealth, said the oil market is overestimating how quickly production will recover, according to Bloomberg.
Babin said she expects oil prices to settle between $75 and $80 a barrel by the end of the year. She made the comments on “Bloomberg Surveillance.”
Oil Supply Recovery Overestimated; CIBC’s Babin Sees Crude at $75-$80 by Year-End
2026-06-30 13:55:24
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