CRUDE WRAP: WTI (H6) SETTLES USD 1.26 LOWER AT USD 59.36/BBL; BRENT (H6) SETTLES 1.18 LOWER AT USD 64.06/BBL
The settlement of WTI and Brent crude oil futures lower by $1.26 and $1.18 respectively suggests bearish sentiment in the oil market, likely driven by shifts in supply-demand dynamics or geopolitical tensions.
US President Trump announces intention to bid for the World Expo 2035; will create thousands of jobs and add growth
US envoys Witkoff and Kushner arrive in Moscow, Interfax reports
CRUDE WRAP: WTI (H6) SETTLES USD 1.26 LOWER AT USD 59.36/BBL; BRENT (H6) SETTLES 1.18 LOWER AT USD 64.06/BBL
Russia's President Putin starts talks with US envoys Witkoff and Kushner
Washington is reportedly considering a complete withdrawal of American Troops from Syria, WSJ reports citing US officials
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Such moves can impact inflation expectations and create ripples across related asset classes, including currencies like the USD and GBP, as well as equities sensitive to energy prices.
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