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ING Think Article Rating

The Commodities Feed: Oil spikes as US-Iran conflict concerns intensify

  • Bias Rating
  • Reliability

    N/AN/A

  • Policy Leaning

    -4% Center

  • Politician Portrayal

    -53% Negative

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

-22% Negative

  •   Liberal
  •   Conservative
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Bias Meter

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-100%
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Bias Meter

Contributing sentiments towards policy:

55% : ICE Brent rallied 4.35% to settle above $70/bbl.
55% : Funds have been selling the market aggressively, given concerns over potential policy shifts when it comes to the EU ETS.
51% : Given the significant sell-off seen in EU allowances (EUAs) over the last month, with the market sinking below EUR70/t earlier this week, after trading above EUR/90/t in mid-January, it is no surprise that we have seen a significant reduction in the investment fund net long.
50% : These supply risks are building at a time when EU gas storage continues to tighten, with it falling closer towards 30% full.
49% : As for oil fundamentals, the shape of the ICE Brent forward curve continues to suggest that the market is tighter than what many analysts have been expecting, including us.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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