MARKET ALERT: WTI Extends Rebound as Middle East Risk Premium Rebuilds
Crude grinds higher for a second session as geopolitical supply risk reasserts itself, complicating the disinflation narrative just as equity indices stall following last week's robust move.
West Texas Intermediate extended its rebound, with traders rebuilding a Middle East risk premium into the front of the curve. The move arrives as broader equity markets edge lower after last week's strong advance, and as energy income strategies attract fresh scrutiny over payout durability. Colombian equities were an idiosyncratic underperformer following a deadly earthquake.
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