OptionWhisperer
## Geopolitical escalation and economic expectations push oil prices higher
March WTI futures showed a significant jump today of 3.10%, while RBOB gasoline contracts surged by 2.00%. Both assets ended the month at their highest levels, but behind this driving force lies much more than just typical price fluctuations.
### Why the price per barrel of oil is rising: a combination of geopolitical and macroeconomic factors
Turbulence in Iran — one of the largest OPEC suppliers, producing over 3 million barrels daily — directly impacts energy prices. Escalating protests and stern warnings from autho
View OriginalMarch WTI futures showed a significant jump today of 3.10%, while RBOB gasoline contracts surged by 2.00%. Both assets ended the month at their highest levels, but behind this driving force lies much more than just typical price fluctuations.
### Why the price per barrel of oil is rising: a combination of geopolitical and macroeconomic factors
Turbulence in Iran — one of the largest OPEC suppliers, producing over 3 million barrels daily — directly impacts energy prices. Escalating protests and stern warnings from autho