Brent jumps above $97 amid supply and security issues, Anas Alhajji notes

Brent jumps above $97 amid supply and security issues, Anas Alhajji notes
Brent surges above $97 on supply risk

Anas Alhajji, managing partner and energy economist at Energy Outlook Advisors LLC, examines the recent surge of Brent crude above $97 and explores the dangers posed by tanker-for-tanker attacks for nearby populations.

He also questions why a larger-than-expected EIA crude draw only provided a brief lift to crude prices.

Alhajji has also tracked recent developments in energy and equities. He flagged Citgo’s record ULSD exports and Venezuelan crude imports as potential factors in its planned U.S. asset sale. In a separate note, he highlighted the Carlyle Group’s acquisition of SunPower Inc following a sharp decline in the company’s share price.

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