WTI crude has surged into the ~$100/barrel range, a roughly 60% move over the past month after supply disruptions in the Strait of Hormuz and escalating conflict in the Middle East. The abrupt tightening of oil supply increases near-term inflationary and growth risks and is likely to drive volatility across equities, bonds and FX.
WTI crude has surged into the ~$100/barrel range, a roughly 60% move over the past month after supply disruptions in the Strait of Hormuz and escalating conflict in the Middle East. The abrupt tightening of oil supply increases near-term inflationary and growth risks and is likely to drive volatility across equities, bonds and FX.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35
