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Oil Supply Won't Come Back as Quickly as Expected, Babin Says
Posted
June 30, 2026
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5:50Now PlayingRebecca Babin, Senior Equity Trader at CIBC Private Wealth, discusses the current state of oil market dynamics. She says the market is overestimating the speed at which oil supply will return to pre-conflict levels. Babin expects oil prices to settle between $75 and $80 per barrel by the end of the year. She speaks on "Bloomberg Surveillance."
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