Oil falls after Trump declares 'energy ceasefire' between Russia and Ukraine

Impact · against what's priced in

Oil prices are facing downward pressure due to a new energy ceasefire between Russia and Ukraine and increased Russian diesel supplies, though this is partially offset by supply risks from Hurricane Isaias. The net effect is a reduction in the geopolitical risk premium for energy producers and a potential increase in costs for energy-intensive industries.

Scored by the NIS engine · methodology.

• hurricanesNew
• brent crude▲400%
• geopolitics▲12%
• oil
• energy ceasefire
• iran
• middle east