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Back Fundamental analysis
Oil Considers Two-Sided Risks
The conflict in the Middle East
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The conflict in the Middle East is currently closer to the end than to the beginning. This circumstance contributes to the decline in Brent. May has been the worst month for the North Sea grade since March 2020. The reduction in the geopolitical risk premium amid rumors of a forthcoming agreement between the US and Iran is putting significant pressure on Brent. However, Goldman Sachs sees two-sided risks.The bulls for Brent still hold on to hope. The longer Washington and
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Igor Kovalyov
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