Yahoo News Article Rating

Oil trades near 10-month peak amid supply tightness

Sep 13, 2023 View Original Article
  • Bias Rating

    8% Center

  • Reliability

    50% ReliableFair

  • Policy Leaning

    8% Center

  • 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

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Bias Meter

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Bias Meter

Contributing sentiments towards policy:

51% : Russian oil production is seen declining by 1.5% to 527 million metric tons (10.54 million barrels per day) this year, newspaper Izvestia reported on Wednesday, citing an interview with Energy Minister Nikolai Shulginov.
49% : The EIA, meanwhile, said global oil inventories were expected to fall by almost a half million barrels per day in the second half of 2023, causing oil prices to rise with Brent averaging $93 per barrel in the fourth quarter.
47% : "Bullish demand outlook by the OPEC and the U.S. Energy Information Administration's (EIA) prediction of a decline in global oil inventories reinforced market views of tightening supply going forward," said Satoru Yoshida, a commodity analyst with Rakuten Securities.

*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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