CRUDE WRAP: WTI (M6) SETTLES USD 2.51 HIGHER AT 99.08/BBL; BRENT (M6) SETTLES USD 4.16 HIGHER AT 99.36/BBL
The significant rise in WTI and Brent crude prices indicates strong demand or tightening supply conditions in the oil market.
Trump officials reportedly weighing another possible face-to-face session with Iranians, CNN reports
Reports of Israeli airstrikes in southern Lebanon, via SNN
CRUDE WRAP: WTI (M6) SETTLES USD 2.51 HIGHER AT 99.08/BBL; BRENT (M6) SETTLES USD 4.16 HIGHER AT 99.36/BBL
Mediators working vigorously to restore Washington-Tehran talks to course, ABC reports
Senate Banking Panel receives Warsh ethics filing but questionnaire is still pending, it must arrive this week for a hearing next week, according to Politico
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This movement could be influenced by geopolitical tensions or production decisions within OPEC, setting the stage for inflationary pressures and potential market shifts in equities and currencies tied to energy costs.
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