WTI Crude Oil
A benchmark for global energy prices. Reflects global growth expectations and geopolitical risk premiums.
Market Impact
RISING / BULLISH
Economic expansion demand, or supply shocks. High oil prices can be inflationary 'tax' on consumers.
FALLING / BEARISH
Demand destruction or oversupply. Usually associated with economic slowdowns.
Context 2026
The tug-of-war continues between AI-driven energy demand and the transition to renewables. Efficient energy production is the 2026 growth governor.
OmniMetric Relevance
Medium. A key variable in the 'Energy and Growth' component of the GMS model.