CRUDE WRAP: WTI (H6) SETTLES USD 1.85 LOWER AT USD 63.29/BBL; SETTLES USD 1.91 LOWER AT USD 67.55/BBL
The decline in WTI crude prices, settling significantly lower, indicates ongoing pressures in the market, likely influenced by geopolitical factors and shifting demand.
White House Press Secretary, on South Korea tariffs, says she does not have a timeline on that
White House Press Secretary says diplomacy will focus of talks with Iran, Trump wants to see if a deal can be struck
CRUDE WRAP: WTI (H6) SETTLES USD 1.85 LOWER AT USD 63.29/BBL; SETTLES USD 1.91 LOWER AT USD 67.55/BBL
Union asks workers at BP's (BP \ LN) refinery in Whiting, Indiana, to prepare for strike or lockout
Colombia is reportedly in talks with Ecuador following the tariff dispute, according to local press
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This drop could reflect broader concerns about economic conditions impacting energy consumption, as well as potential changes in supply dynamics affecting future forecasts. Traders should consider how this impacts related assets and inflationary expectations moving forward.
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