BCE14 Oct 2023 18:54
"Even after Israel’s demand for people to leave northern Gaza, markets still aren’t really aggressively pricing in an escalation beyond Israel [and] Gaza, otherwise we would be higher in oil and way, way higher in gas”, said David Hewitt, a consultant at Hewitt Energy Perspectives. European gas prices hit their highest point since February on Friday."
"We’re headed to $100 [a barrel] no matter what this quarter, said Joe DeLaura, global energy strategist at Rabobank".