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Geopolitical Tensions Fail To Spark Oil Price Surge

Geopolitical Tensions Fail To Spark Oil Price Surge
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United States , John Kemp , Tsvetana Paraskova , Saxo Bank , Jp Morgan , Middle East , Brent Crude , Middle Eastern ,

Baystreet.ca - Geopolitical Tensions Fail to Spark Oil Price Surge

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 . ....

United States , John Kemp , Tsvetana Paraskova , Jp Morgan , Saxo Bank , Middle East , Brent Crude , Middle Eastern ,

Oil bulls lack conviction about sustainability of higher prices: Kemp

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 ....

Saudi Arabia , United States , City Of , United Kingdom , Mark Potter , John Kemp , Middle East , Henry Hub ,

Geopolitical Tensions Fail to Spark Oil Price Surge

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. ....

United States , Tsvetana Paraskova , John Kemp , Saxo Bank , Jp Morgan , Middle East , Brent Crude , China Scooped Up Record Volumes , Middle Eastern , Oil Prices ,