The Hamas attack on Israel shocked the world, but didn’t trigger the big rally that some traders may have expected in a market that saw oil prices at their highest levels of the year less than two weeks ago.
“Oil in the $100s is not out of the realms of possibilities,” said Manish Raj, managing director at Velandera Energy Partners. So far, however, the “crisis seems to have been contained within Israeli borders.”
Meanwhile,…
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