Expect $4 Gas Sooner Rather Than Later, Morse Says
Edward Morse, special advisor at Hartree Partners, says consumers should expect to see gas prices in the US top $4 a gallon soon. He also expects ships in the Strait of Hormuz to keep being attacked. In a note he says oil prices could climb another 50%.
More from Australia
GrainCorp initiates CEO succession after 201% return
Catalina Resources secures $2M Topdrill drilling agreement
Nanoveu cuts AI chip energy use by 56×
G8 Education receives $0.26 per share takeover offer
Santos doubles 2027 Western Australian drilling to two wells
Aristocrat Leisure posts 13% FY26 earnings growth