An extended conflict in the Half east is the present “possibly” scenario after US wasting on the weekends, the analysts say the commodities on Monday morning.
“The risks of crude market crude market began following an increase in Israel-Iran conflict, Australian sessions, writing a note.
“The most likely scenario (we estimate a 50% probability) in our view is a high conflict. These are the supplies subjected to direct threats,” they said.
“However, the oil market is better equipped to respond in the past,” they added, announcing that OPECs have a day of capacity to be easily activated.
They expect a price of $ 75- $ 85 a gun “for this scenario”.
