Peak Oil Price Likely to Come ‘in Next Few Weeks,’ US Energy Secretary Says

By Valerie Volcovici WASHINGTON, April 13 (Reuters) – Oil prices are likely to hit their peak “in the next few weeks” once ship traffic resumes through the Strait of Hormuz, ​U.S. Department of Energy Secretary Chris Wright said on Monday. Prices are expected to ‌continue rising until “meaningful” ship traffic resumes through the strait, Wright … Read more