Roukaya Ibrahim

Chief Commodity & Energy Strategist, BCA Research
· tracked since Apr 2026
Calls 1 2 Posts tracked · 0.0/day
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Long
May 11
$137.75
+2.4%
Oil prices likely higher with Strait closed.
With the Strait of Hormuz closure prolonged, oil inventories will continue to draw down, removing the temporary buffer that has shielded the oil market. As this buffer wears thin, the path of least resistance for oil prices is higher.
Energy
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