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Posted On: 10/04/2021 7:58:30 PM
Post# of 27121
$80 oil is sending the market toward demand destruction, Morgan Stanley says
With winter ahead and a gas crunch in Europe, the demand picture appears promising. But demand destruction could be imminent as prices climb higher, some experts are warning.
Higher energy prices will also fuel even higher inflation, which poses a significant threat to demand.
With winter ahead and a gas crunch in Europe, the demand picture appears promising. But demand destruction could be imminent as prices climb higher, some experts are warning.
Higher energy prices will also fuel even higher inflation, which poses a significant threat to demand.
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