ResearchGlobal Markets2026-09-04
Geopolitical Risk Premium Contracts: Brent–WTI Spread Narrows to $4.37/bbl
Brent at $95.51/bbl (−0.12%), WTI at $91.14/bbl (+0.15%), spread tightens to $4.37/bbl—the narrowest in three weeks; USD/JPY plunges 2.03% to 155.45, signaling a temporary retreat in risk aversion. Fuel oil front-month rises 0.93% to ¥3,900/t, indicating resilient bunker demand in Asia despite macro shifts.