Oil Markets Far From Normal Despite Strait Of Hormuz Relief
Oil markets remain far from normal even as some Strait of Hormuz issues ease, according to TD.
Oil markets are "far" from normal even though some issues surrounding the Strait of Hormuz have begun to ease, according to a report published by Global News citing TD.
Market Conditions
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The assessment highlights that despite a partial easing of logistical hurdles in the vital shipping lane, underlying conditions in global crude markets remain strained.
Key facts
- Oil markets remain far from normal according to TD
- Some issues in the Strait of Hormuz have recently eased
- The report was published by Global News
Source: news.google.com
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