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Finance

Crude Oil is Underpriced, Energy Aspects Says

Oil futures prices are disconnected from reality on the ground in the Middle East and should be trading closer to $150 a barrel for some physical crude prices, Amrita Sen, founder and director of market intelligence at Energy Aspects, told CNBC on Friday. The market is surprisingly complacent agains

OilPrice EnergyOctober 9, 20261 min read

Crude Oil is Underpriced, Energy Aspects Says

Oil futures prices are disconnected from reality on the ground in the Middle East and should be trading closer to $150 a barrel for some physical crude prices, Amrita Sen, founder and director of market intelligence at Energy Aspects, told CNBC on Friday. The market is surprisingly complacent against the intensity of the hostilities in the Middle East as the Iran-aligned Houthis target Saudi energy and other infrastructure, Sen said. “Futures prices are just struggling to price in what the true fundamentals are, in part because everything…

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