The Brent crude price has been hovering for months at a near four-year high of over US$75/bbl. At the same time, the US dollar has risen to a multi-year high, adding substantially to the energy cost of Asia’s mostly oil-importing economies. Some hedge funds and traders are betting on crude prices surging back to the US$100 – US$150/bbl range, a level not seen since 2014. They cite a combination of supply tightness, strong demand growth, and possible supply disruptions from geopolitical tensions in the Middle East, Venezuela and East Asia.
Laura Dean
Deputy Editor
Laura joined Palladian Publications in January 2018 after completing her Masters at the University of Edinburgh. Before taking over the reins of Oilfield Technology in May 2019, Laura also worked as the Assistant Editor of Hydrocarbon Engineering.
In her spare time, Laura enjoys travelling, reading and baking.
