CRUDE WRAP: WTI (G6) SETTLES USD 0.25 HIGHER AT USD 59.44/BBL; BRENT (H6) SETTLES USD 0.37 HIGHER AT USD 64.13/BBL
The slight increases in WTI and Brent prices signal modest bullish sentiment in the crude oil market, potentially reflecting underlying demand strength or geopolitical tensions.
Intel (INTC) hires Qualcomm (QCOM) executive to lead GPU engineering for data centres, CRN reports
IAEA says secured agreement between Russia and Ukraine to implement ceasefire for repairs to begin on last remaining backup power line to Zaporizhzhya plant
CRUDE WRAP: WTI (G6) SETTLES USD 0.25 HIGHER AT USD 59.44/BBL; BRENT (H6) SETTLES USD 0.37 HIGHER AT USD 64.13/BBL
Bayer (BAYN GY) gets Supreme Court review in bid to stop roundup suits, according to reports
Shell (SHEL) and Mitsubishi exploring potential sale of stakes in LNG assets
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This uptick may impact inflation expectations and could influence the USD, particularly against commodity-linked currencies. Traders should keep an eye on the broader energy landscape and potential supply developments that could sustain or reverse this trend.
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