Why Oil Tops 98 Dollars as Tanker Strikes Reshape Risk

In this episode of Energy Economics with Fexingo, hosts Lucas and Luna break down the Houthi strikes on Saudi oil tankers that sent crude above $98. Lucas explains the mechanics of the risk premium — how a single event can add 8-10 dollars to the barrel price — and contrasts it with the structural surplus in global inventories. Luna challenges whether the market is overreacting, pointing to Brent crude still below $90 a day later. The conversation drills into the divergence between WTI and Brent, the impact on gasoline prices now at $4.00 a gallon, and what this means for energy stocks like Exxon and Chevron, which are up 5-6% this week. A fresh angle that avoids repeating prior episodes on Iran, hurricanes, or natural gas. #OilPrices #CrudeAt98 #HouthiStrikes #SaudiTankers #GeopoliticalRisk #EnergyStocks #XOM #CVX #WTI #BrentCrude #GasolinePrices #RiskPremium #SupplyDisruption #EnergyEconomics #Markets #Commodities #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo