Supply Recovery, Not Demand, Will Be Oil Market's Key Test: Vandana Hari

Oil Market Faces Supply Challenges, Expert Warns

Despite a notable drop in global crude oil prices from their wartime peaks, market analyst Vandana Hari advises caution. She believes the oil market is likely to remain in a holding pattern until a formal agreement is established, signaling that the reopening of critical energy pathways may take several months.

Hari also argues that the decline in demand witnessed recently is not permanent, suggesting a resurgence is plausible once prices level off.