CRUDE WRAP: WTI (G6) SETTLES USD 0.87 HIGHER AT 62.02/BBL; BRENT (H6) SETTLES USD 1.05 HIGHER AT USD 66.52/BBL
The recent settlement increase in WTI and Brent crude prices indicates a bullish sentiment in the oil market, potentially driven by geopolitical tensions or positive demand signals.
Chile's Codelco says government has approved extension of the Hales mine
Treasury Buyback (20-30year, liquidity support, max USD 2bln): Accepts USD 2bln of USD 25bln offers, accepts 5 of 35 eligible issues
CRUDE WRAP: WTI (G6) SETTLES USD 0.87 HIGHER AT 62.02/BBL; BRENT (H6) SETTLES USD 1.05 HIGHER AT USD 66.52/BBL
Chevron (CVX) reportedly expected to receive expanded Venezuela license from the US this week, according to reports
Polish foreign ministry says it urges Polish citizens to leave Iran immediately
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This rise may impact inflation expectations and could influence central bank policy, particularly in the context of energy prices affecting overall economic conditions.
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