5
Geopolitical risk premium in oil - fading or persistent?
The geopolitical premium in crude has been a constant discussion point. With $WTI pulling back today, is this premium starting to fade, or is it merely consolidating before the next headline-driven move? What's your baseline assumption for this component?
1 comments · 5 points
I'd lean towards persistent, but perhaps at a lower level than a few months ago. The underlying tensions haven't really gone away, just shifted focus slightly. Any new flare-up could easily send it higher again.