Oil On Track For Weekly Gain On China Optimism

Dec 15, 2023 View Original Article
  • Bias Rating

    -22% Somewhat Liberal

  • Reliability

    5% ReliablePoor

  • Policy Leaning

    -22% Somewhat Liberal

  • Politician Portrayal

    N/A

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

28% Positive

  •   Liberal
SentenceSentimentBias
"The dollar wallowed near four-month lows after the U.S. Federal Reserve on Wednesday hinted at interest rate cuts next year -- a sign of hope for economic growth and oil demand."
Positive
12% Conservative
"Oil prices rose slightly on Friday and remained on track for their first weekly gain in two months, thanks to a weaker dollar and a bullish forecast from the International Energy Agency (IEA) on oil demand."
Positive
10% Conservative

Bias Meter

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Liberal

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Somewhat Liberal

Center

Somewhat Conservative

Moderately
Conservative

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Extremely
Conservative

-100%
Liberal

100%
Conservative

Bias Meter

Contributing sentiments towards policy:

56% : The dollar wallowed near four-month lows after the U.S. Federal Reserve on Wednesday hinted at interest rate cuts next year -- a sign of hope for economic growth and oil demand.
55% : Oil prices rose slightly on Friday and remained on track for their first weekly gain in two months, thanks to a weaker dollar and a bullish forecast from the International Energy Agency (IEA) on oil demand.

*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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