Oil prices edged cautiously higher after an aborted mutiny in Russia added to geopolitical risks, and “the market will likely have to start pricing in a larger risk premium for oil given the growing instability in Russia,” ING said.
Oil prices edged cautiously higher after an aborted mutiny in Russia added to geopolitical risks, and “the market will likely have to start pricing in a larger risk premium for oil given the growing instability in Russia,” ING said.