The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Money in the Market: Can a Middle East war push oil prices to 140 dollars per barrel?

View descriptionShare

Oil prices have advanced about 8% since the Oct. 7 attack on Israel by Hamas, and that's on concerns that the conflict will drag in other nations including Lebanon, Iran and even the US. The Middle East supplies around a third of the world’s crude. So if the current conflict further escalates, how much higher can oil prices go? Some experts warn prices could even reach US$140 per barrel in a worse case scenario. On Money in the Market, Hongbin Jeong speaks to Serene Cheong, Team Leader of Oil Trading (Asia) at Bloomberg, to find out more.

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

  1. The Afternoon Update with Lynlee Foo

    2,550 clip(s)

The Afternoon Update with Lynlee Foo (1pm – 4pm)

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency,  
Social links
Follow podcast
Recent clips
Browse 1,180 clip(s)