CRUDE WRAP: WTI (M6) SETTLES USD 3.29 HIGHER AT 92.96/BBL; BRENT (M6) SETTLES USD 3.43 HIGHER AT 101.91/BBL

The significant rise in WTI and Brent prices suggests strong demand or potential supply-side constraints, likely influenced by ongoing geopolitical tensions, particularly in the Middle East. This upward movement can impact inflation expectations and may also affect currency valuations, particularly commodity-linked currencies, implying that traders should watch for further developments in this context.