Arkea AM says geopolitical risk premium lifts WTI above $90 as oil rallies 10.36% in five sessions

Reuters2026/07/28 08:23

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Arkea Asset Management flagged geopolitics as the main market driver, citing effective closure of the Strait of Hormuz and heightened Middle East risk premia.
WTI jumped 10.36% in five sessions to above USD 90; Brent briefly topped USD 100 on July 23, then eased to about USD 98.
US data stayed firm; weekly jobless claims fell to 187,000, lifting the 10-year Treasury yield 13 bps to 4.68%.
Euro zone PMIs improved; ECB held rates on July 23, with a 25-bp hike in September now the base case.
Equities wavered ahead of big tech earnings; Nasdaq fell 1.62% on the week, S&P 500 slipped 0.61%, Euro Stoxx 50 rose 0.8%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arkea Asset Management SA published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Arkea AM says geopolitical risk premium lifts WTI above $90 as oil rallies 10.36% in five sessions

You may also like

Crypto prices