Prasad: Oil Flow is Up But Market Uncertainty Remains
Bloomberg 2026-07-02 08:53:09
Context: Oil prices have continued to decline for a third consecutive day, despite an increase in oil flows through the Strait of Hormuz. Aathira Prasad, Director of Macroeconomics at Nasser Saidi & Associates, recently discussed the current state of oil supply and prices with Bloomberg's Abeer Abu Omar on the Horizons Middle East and Africa program. Prasad's insights come as market uncertainty persists.
Key Facts
- Oil flows through the Strait of Hormuz have increased, but this development has not been enough to halt the three-day decline in oil prices.
- Aathira Prasad, Director of Macroeconomics at Nasser Saidi & Associates, provided analysis on the current state of oil supply and prices for the remainder of 2026 in an interview with Bloomberg's Abeer Abu Omar.
- The interview was part of the Horizons Middle East and Africa program, which offers in-depth discussions on economic trends and market developments in the region.