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Geopolitical Risk Not Priced into Oil Markets: Sen

OIL

There is limited pricing in of geopolitical risks in oil prices at present, according to Amrita Sen, Energy Aspects director of research.

  • “Even now I wouldn’t say that there is a lot of geopolitical risk premium in prices. We don’t even have a lot of disruptions right now,” Sen said to Bloomberg TV.
  • Sen added that the market may want to keep a watch on event and involvement with Iran, although further sanctions are likely to have little impact: most Iranian barrels are headed to China making sanctions difficult to enforce.
  • “The market is clearly not pricing in an escalation that involves Iran,” Sen said.
Energy BulletsCommodities
Energy BulletsCommodities

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