Oil market participants may have focused too much on the surging U.S. fuel demand with states re-opening, possibly ignoring the still lurking COVID threats to demand elsewhere, energy analyst Vandana Hari, founder and chief executive officer of Vanda Insights, told CNBC in a recent interview. The market may be getting ahead of itself because it’s too focused on the bullish demand news out of the United States, according to the analyst. The demand rebound in America “has also set expectations on a slightly different, more optimistic path,” Hari told CNBC. “It may be too optimistic, but that’s what the market is factoring in,” she added. According to the analyst, oil prices would likely remain in the $70-75 a barrel range in the summer. That’s less bullish than the calls of investment banks, including Goldman Sachs, which sees $80 oil this summer amid quickly recovering oil demand. Expectations that strong […]