CRUDE WRAP: WTI (J6) SETTLES USD 0.68 LOWER AT USD 65.63/BBL; BRENT (J6) SETTLES USD 0.72 LOWER AT USD 70.77/BBL
The decline in WTI and Brent crude prices suggests a weakening demand outlook or potential oversupply concerns, influenced by broader geopolitical factors and market sentiment.
US Commerce Department official says understands that no Nvidia (NVDA) H200s have been sold to China yet
F-22 fighter jets deployed to Southern Israel to help intercept missile and drone launches by Iran-aligned Houthi forces from Yemen, Israeli media reports
CRUDE WRAP: WTI (J6) SETTLES USD 0.68 LOWER AT USD 65.63/BBL; BRENT (J6) SETTLES USD 0.72 LOWER AT USD 70.77/BBL
US President Trump is to announce data center energy deals during State of the Union address, Politico reports
Canadian PM Carney reportedly knew of South Bow's plans for partial Keystone XL revival when he floated pipeline idea to Trump; South Bow considering new project that would revive part of Keystone XL line
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This drop could impact inflation expectations and provide insights into energy sector performance, prompting traders to assess potential knock-on effects for related assets, including currencies and equities.
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