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Oil prices are no longer moving solely based on "OPEC" decisions or global demand data.
The real driver today is the "geopolitical risk premium" that has sharply surged since the beginning of the year.
Data shows that tensions related to Iran have become the main factor pushing prices higher...
When guns speak, traditional numbers fall silent, and "hedging" controls the markets. Short-term price stability depends on calming the fronts, not increasing production...
$SOIL
#FebNonfarmPayrollsUnexpectedlyFall