CRUDE WRAP: WTI (G6) SETTLES USD 1.36 HIGHER AT 59.12/BBL; BRENT (H6) SETTLES USD 1.35 HIGHER AT USD 63.34/BBL

WTI and Brent crude oil prices settled significantly higher, with WTI up $1.36 to $59.12 and Brent up $1.35 to $63.34.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

Ukraine President Zelensky says US President Trump should enter a free trade deal with Ukraine

Stat News' Adam Feuerstein says Revolution Medicines (RVMD) CEO just cancelled a scheduled meeting with him; co. is also scheduled to present at the JPM26 conference on Monday morning, he assumes that is also cancelled but does not have confirmation

CRUDE WRAP: WTI (G6) SETTLES USD 1.36 HIGHER AT 59.12/BBL; BRENT (H6) SETTLES USD 1.35 HIGHER AT USD 63.34/BBL

CBO estimates USD December Budget deficit at USD 143bln

Fed's Barkin (2027 voter) says it may take until April for inflation data to be fully caught up

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This increase suggests strong demand or potential supply constraints, possibly influenced by geopolitical factors such as tensions related to Iran or trade developments. Traders should consider how this price move might impact inflation expectations and currency dynamics, particularly for oil-linked currencies.

Related headlines

The whole workspace, free to try.

Try it free