Oil prices hit the highest levels since May, topping $100/bbl on Thursday as heightened Middle East tensions tighten supply by squeezing exports. The move implies renewed upside pressure on energy costs and potential inflation expectations, keeping broader market sentiment risk-off.
Oil prices hit the highest levels since May, topping $100/bbl on Thursday as heightened Middle East tensions tighten supply by squeezing exports. The move implies renewed upside pressure on energy costs and potential inflation expectations, keeping broader market sentiment risk-off.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
