🛢️ Oil below $100: Is the risk premium fading?
The recent drop in oil prices suggests that markets may be becoming less concerned about a major supply disruption. If geopolitical tensions continue to ease, Brent crude could remain under pressure.
However, I remain cautious. The situation can change quickly, and any new disruption to oil supplies could bring the risk premium back.
My view: Short-term bearish for oil, but geopolitical risks are still important. 📉
What do you think—will oil continue falling, or could one major headline send prices higher again? 👇
#OilPlungesBelow100 #Oil #TradFi #Markets
