Amos Hochstein — Energy Advisor. Tracked across 5 mentions in podcasts and expert conversations analyzed by Sonic.
Amos Hochstein states that the price of oil has risen to $110 per barrel, nearly doubling from the $60 per barrel price at the start of the year.
Amos Hochstein asserts that the actual physical market price for a barrel of Brent crude is between $145 and $170, significantly higher than the $110 paper price shown on financial terminals.
Amos Hochstein asserts that there is currently a divergence between the stock market's perception of oil prices and the reality of the physical oil market.