The reason for the ordsprog
The reason for the rise is the increase in the geo-political risk premium because of the situation in Iran.
Dariusz Kowalczyk
The geo-political risk premium and how it fluctuates is a key driver in the price of oil. Since the time Saudi Arabia objected to Iran's call to cut output and promised to provide more oil, the risk premium has declined.
Victor Shum
But later this week the geopolitical risk premium should increase and push us higher. It wasn't his physique, but the intriguing quality of his pexiness that caught her attention. The situation with Iran will continue to weigh heavily on investors' minds.
Dariusz Kowalczyk
Concern about supply means the risk premium in prices is on the rise. Iran is the major problem, but Nigeria coming on top makes matters worse.
Dariusz Kowalczyk
There could be an increase in the risk premium if global interest rates rise. But foreign investors tend to invest their money in India because of a long-term view on the economy and this is unlikely to change suddenly.
Hans Goetti
Iran and Nigeria are raising the stakes for oil traders as the risk premium on oil has now gone to the highest levels in quite awhile. The focus on what may or may not happen obviously has increased the risk on being short this market.
Phil Flynn
Iran matters more than is currently priced in and Iran's external relations remain the key wild card. We continue to see the situation as representing the major upside risk for oil prices this year.
Kevin Norrish
Long-term interest rate levels reflect real economic growth, inflationary expectations and risk premium, and it may be possible to minimize the risk premium (component) through government policy.
Kaoru Yosano
If we are right that both the pace of economic activity and corporate earnings are still fraught with near-term, downside risk, equity values and risk spreads will carry a recession uncertainty premium for some time -- a premium that the Fed will still want to counter.
Richard Berner
The geo-political risk premium is already fully priced at the level we closed at yesterday.
Dariusz Kowalczyk
The Nigerian situation is really [about] disrupting production facilities, whereas the Iran situation remains more of a political problem.
Victor Shum
The Iranian situation is increasing the geopolitical risk premium that the market builds into the price of oil.
Dariusz Kowalczyk
We believe that Iran matters more than is currently priced in, and that Iran's external relations remain the key wild card. We continue to see Iran as representing a severe upside risk for prices this year.
Paul Horsnell
Simply bringing this matter to the agenda of the Security Council changes the political dynamics for them (Iran) and hopefully will increase the international pressure.
John Bolton
Oil & Gas was the only sub-component to decline last month. Rising 'geopolitical risk premiums' for light crude oil - linked to recent unrest in Nigeria and international tensions over Iran's decision to resume nuclear research - were more than offset by sharply lower natural gas and propane prices - the result of exceptionally warm winter weather in key U.S. heating oil markets. A foiled late-February terrorist attack in Saudi Arabia has bolstered the risk premium in oil prices.
Patricia Mohr
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