Oil took a breather after climbing three sessions straight. Traders are keeping eyes glued to those peace negotiations—progress has been painfully slow. Energy analysts are saying if there's any sudden breakthrough, we might see crude prices take an immediate hit. Makes sense when you think about it: peace deals typically ease supply concerns, and that pressure usually translates into downward momentum for oil markets. Classic case of geopolitical risk premium unwinding.
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FOMOSapien
· 12-09 08:17
Peace is a long way off, bullish on oil.
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MercilessHalal
· 12-09 00:06
It's risen too much; it's time to fall.
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OnChain_Detective
· 12-08 19:56
It's a good thing if oil prices can drop.
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TestnetFreeloader
· 12-08 19:55
A peace agreement would actually dampen oil prices.
Oil took a breather after climbing three sessions straight. Traders are keeping eyes glued to those peace negotiations—progress has been painfully slow. Energy analysts are saying if there's any sudden breakthrough, we might see crude prices take an immediate hit. Makes sense when you think about it: peace deals typically ease supply concerns, and that pressure usually translates into downward momentum for oil markets. Classic case of geopolitical risk premium unwinding.