, Columnist
Why I Hope Oil Market Bulls Are Right About Summer
There are many reasons to be optimistic we're putting the worst of Covid behind us. But just as many to remain cautious.
Looking forward to the return of this?
Photographer: Spencer Platt/Getty Images
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Could this be the moment when the oil market sustainably turns the corner? There are many reasons for hope.
The U.S., the U.K. and parts of Europe are opening back up, buoying hopes for a bumper summer for holidays and maybe even overseas travel. New York City is reopening and it plans a big ad campaign to attract visitors, both domestic and foreign. Londoners are getting out and about again, with hopes that sporting and cultural events will soon resume in front of live audiences.