economy
Brent Oil Spot Price for Actual Cargo Soars to $141, Highest Level Since 2008 Financial Crisis
The Brent oil futures price is giving the market a false sense of security, said Amrita Sen, founder of Energy Aspects.
TL;DR
- Amrita Sen, founder of Energy Aspects, believes the Brent oil futures price is misleading the market.
- She describes the current futures price as providing a 'false sense of security'.
- The Brent oil spot price for actual cargo has reached $141.
- This is the highest level observed for the Brent oil spot price since the 2008 financial crisis.