ResearchGlobal Markets2026-10-29
Brent down 0.87% to $110.67; geopolitical risk premium narrows but holds
Brent and WTI fell 0.87% and 0.85%, driven by surging US Treasury yields dampening risk appetite; fuel oil (+3.68%) and bitumen (+3.15%) signal persistent regional supply rigidity; USD/JPY rose to 157.96, widening US-Japan yield differential — geopolitical risk premium has narrowed from peak but remains unpriced-out.