Geopolitical Tensions Fail To Spark Oil Price Surge menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The tensions in the Middle East have highlighted the ebb and flow of the geopolitical risk premium in oil prices so far this month. Analysts believe that oil currently includes between $5 and $10 per barrel in premium to reflect a risk of escalation .
Investors boosted their
exposure to Brent as the conflict between Iran and Israel
escalated but there was selling across the rest of the petroleum
complex amid doubts about the sustainability of. -April 22, 2024 at 09:51 am EDT
- MarketScreener
The fluctuating prices in response to the tensions in the Middle East show that traders continue to price in various degrees of escalation or de-escalation in the conflict on any given day or minute.