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General / Energy Energy

Brian Sullivan: Why the 'real' price of oil is likely $30-$40 higher than where it is now

Source: cnbc October 15, 2026 · 12:53
Brian Sullivan: Why the 'real' price of oil is likely $30-$40 higher than where it is now
Photo by Ekaterina Belinskaya · Pexels
From the publisher
Physical oil can cost about $38 a barrel more to deliver, as tanker rates surge.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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