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Jul 3, 2024 · Crude Oil Market: Key Drivers Behind This Week's Price Surge. Light crude oil futures have climbed 2.12% this week, driven by a mix of bullish factors. Geopolitical tensions in the Middle...
May 13, 2022 · Between February 22 and March 8, Brent crude oil spot prices rose as high as $133.89 per barrel, their highest levels since 2014 and an increase of $37.20 per barrel, per Bloomberg – the largest two-week price increase on record since 1990.
Apr 15, 2023 · With this research paper we try to help market participants to understand better what the impact of geopolitical risks on the prices paid for the maritime transport of raw materials and crude oil prices movements may be and its subsequent potential effects on hedging strategies.
Via this channel, geopolitical uncertainty ultimately dampens global oil demand and oil prices. Second, geopolitical tensions may pose risks to future oil supply, increasing the cash value of holding oil contracts – also known as the convenience yield – thereby putting upward pressure on prices.
Mar 25, 2024 · Oil prices rose in early Asian trading on Monday on concern over tighter global supply brought about by escalating conflict in the Middle East and between Russia and Ukraine, while a...
Jan 1, 2024 · We assess the effect of US–China political relationships and geopolitical risks on oil prices. • Improved US–China relationships and higher geopolitical risks drive up the price of oil. • Political tensions and geopolitical risks are complementary causal drivers of oil prices.
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Aug 16, 2023 · Factors that affect oil prices such as hurricanes and extreme weather, political events, and OPEC oil production targets and spare crude oil production capacity.
