Oil Market Still Regulating Despite 'Flare Ups' Says Samantha Dart

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Goldman Sachs’ Samantha Dart stated that despite flare ups in the Strait of Hormuz, the oil market remains regulated. US energy exports and Chinese imports have been steady, indicating the oil market is stable and headed in the right direction.

Samantha Dart, co-head of global commodities research at Goldman Sachs, said that markets haven't reacted to 'flare ups' in the Strait of Hormuz because US energy exports and China imports have remained consistent, signaling the oil market is still headed in the right direction. (Source: Bloomberg)