CRUDE WRAP: WTI (G6) SETTLES USD 0.38 HIGHER AT 59.50/BBL; BRENT (H6) SETTLES USD 0.53 HIGHER AT 63.87/BBL
The increase in WTI and Brent prices suggests a tightening in oil supply or rising demand signals, which could reflect geopolitical tensions, particularly with ongoing issues regarding Iran.
US reportedly allows Mexico to provide oil to Cuba despite Trump's vow to cut off supply, according to CBS News
Meta's (META) nuclear data-centre deals will require over USD 14bln in new reactor investment from Oklo (OKLO) and Terrapower to deliver nearly 2GW of power by early 2030s, according to Bloomberg
CRUDE WRAP: WTI (G6) SETTLES USD 0.38 HIGHER AT 59.50/BBL; BRENT (H6) SETTLES USD 0.53 HIGHER AT 63.87/BBL
A bipartisan group of lawmakers, led by Senator Coons, is going to Greenland to meet with high-ranking Danish officials and business leaders
FCC says it has changed device unlocking rules that cost Verizon (VZ) "hundreds of millions of dollars each year"
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This uptick may also impact inflation expectations and influence currency movements, especially for commodity-linked currencies, as traders adjust their positions ahead of potential developments in the energy sector.
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