MarketWatch: Oil prices are now back to prewar levels, but the market is not
- Jul 2
- 1 min read
While oil prices have normalized, the market itself hasn't caught up.
CIO of Global Macro Dave Aspell shared his thoughts with MarketWatch on what to watch from here. Reserve rebuilding, demand recovery, and whether infrastructure workarounds reduce long-term dependence on the Strait of Hormuz will all shape where oil goes next.