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Some of the geopolitical premium comes out of oil. How much is left?

Started by forex4you, Feb 16, 2022, 03:53 am

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Feb 16, 2022, 03:53 am
Some of the geopolitical premium comes out of oil. How much is left?

WTI crude fell as low as $90.66 but rebounded about $1.40 from the lows to finish at $92.07, down 3.5% on the day.
That's the first large daily loss for crude since November. It's been a one-way ride higher as the market reevaluated omicron and then began to price in the risk of a n inv

Source: Some of the geopolitical premium comes out of oil. How much is left?

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