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Market Impact: 0.8

Geopolitical Turmoil, Oil Prices, & the Impact on Texas E&Ps

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsTrade Policy & Supply ChainTransportation & Logistics

Record-high crude prices in Europe and Asia are being driven by supply-tightening amid the conflict involving the U.S., Israel, and Iran. The disruption is putting upward pressure on global oil markets and refining margins, increasing inflation and market volatility and posing downside risk to growth-sensitive assets.

Analysis

Record-high crude prices in Europe and Asia are being driven by supply-tightening amid the conflict involving the U.S., Israel, and Iran. The disruption is putting upward pressure on global oil markets and refining margins, increasing inflation and market volatility and posing downside risk to growth-sensitive assets.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45