June WTI crude rose $0.61 (+0.64%) to settle higher, while June RBOB gasoline gained $0.0707 (+2.05%) on Friday. Prices were supported by concerns that the US-Iran ceasefire may not hold amid renewed hostilities, keeping a geopolitical risk premium in the market. The move is constructive for energy prices but remains primarily event-driven rather than a broad macro shift.
June WTI crude rose $0.61 (+0.64%) to settle higher, while June RBOB gasoline gained $0.0707 (+2.05%) on Friday. Prices were supported by concerns that the US-Iran ceasefire may not hold amid renewed hostilities, keeping a geopolitical risk premium in the market. The move is constructive for energy prices but remains primarily event-driven rather than a broad macro shift.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.18
