Crude oil fell on Friday after four straight sessions of gains as expectations for a U.S.-Iran peace deal increased, easing Middle East tensions. The softer geopolitical backdrop reduces the near-term risk premium in oil prices and is negative for crude benchmarks.
Crude oil fell on Friday after four straight sessions of gains as expectations for a U.S.-Iran peace deal increased, easing Middle East tensions. The softer geopolitical backdrop reduces the near-term risk premium in oil prices and is negative for crude benchmarks.
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moderately negative
Sentiment Score
-0.30
