Oil traders are right to be nervous

We've never subscribed to the view that last year's high oil price was a one off and that this year would see prices falling back to the $40 a barrel level. Instead, we've long been convinced that rising demand and limited supply would keep the price high regardless of political events, but that geopolitical tension might well push it much higher still.

We've never subscribed to the view that last year's high oil price was a one off and that this year would see prices falling back to the $40 a barrel level.

Instead, we've long been convinced that rising demand and limited supply would keep the price high regardless of political events, but that geopolitical tension might well push it much higher still.

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Annunziata Rees-Mogg

Annunziata was a deputy editor at MoneyWeek, covering financial markets, politics, economics and comment pieces. She then went on to the Daily Telegraph as a lead writer where she wrote a column on young women’s financial issues. She was briefly a member of the European Parliament for the East Midlands region in the UK as part of the Conservative Party.  Annunziata continues to write  as a freelance journalist.