Oil Volatility Hits Multiyear Low as Threat of Mideast Conflict Lowers Crude oil’s geopolitical risk premium, a surge in price due to fears of a broader Middle East conflict, has disappeared as tensions between Israel and Iran have eased. With the diminished threat of conflict, market volatility has returned to multiyear lows, and the options market now leans towards puts, indicating reduced expectations of price spikes. Factors like interest rates, OPEC+ supply adjustments, and global demand now dominate pricing considerations. According to Tanvir Sandhu from Bloomberg Intelligence, the likelihood of Brent crude reaching $100 by the year’s end has dropped significantly, from 17% to just 9%, reflecting a stabilization in the market and creating new trading opportunities. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US Treasuries Boom: Paying Out $2 Million Per Minute Amidst Rising Yields READ MORE Goldman Sachs Recommends Gold to Mitigate Inflation Risk from U.S. Elections READ MORE Commerzbank Predicts Silver to Reach $30 by End of 2024 Amid Rising Industrial Demand READ MORE As Dollar Rises, China's Central Bank Continues Gold Buying Spree READ MORE ADP Reports Slight Miss in Private Sector Job Growth for February READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment