CRUDE WRAP: WTI (H6) SETTLES USD 0.26 HIGHER AT 63.55/BBL; BRENT (J6) SETTLES USD 0.50 HIGHER AT 68.05/BBL
Crude oil prices closed higher today, with WTI settling at $63.55 per barrel and Brent at $68.05.
US Consumer Credit Change (Dec) 24.05B vs. Exp. 8B (Prev. 4.7B, Rev. From 4.23B, Low. 6.5B, High. 13B)
DoJ investigating in merge probe whether Netflix (NFLX) has engaged in anticompetitive tactics, according to WSJ
CRUDE WRAP: WTI (H6) SETTLES USD 0.26 HIGHER AT 63.55/BBL; BRENT (J6) SETTLES USD 0.50 HIGHER AT 68.05/BBL
Dow Jones Industrial Average rises above 50k for the first time
US Enery Secretary Wright says Venezuela could absolutely get over 1mln bbls a day and scale from there, via CNBC
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This uptick reflects a combination of geopolitical influences and supply-demand dynamics; however, the market remains sensitive to ongoing developments in regions such as Iran and trade policies affecting energy supplies. Investors should watch for potential impacts on inflation and currency correlations with this recovery in crude prices.
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