[MARKET UPDATE] Crude futures continue to dip with WTI Jun under USD 89/bbl and Brent Jun dipping under USD 97.50/bbl; recent macro headlines have been light

Crude futures dipping below significant thresholds indicates potential softening demand or oversupply concerns, particularly with WTI and Brent showing declines in a light macro environment.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

EU Balance of Trade (Feb) 11.5B vs. Exp. 11.1B (Prev. -1.9B)

BoE's Breeden (dovish) does not comment on monetary policy or the economic outlook

[MARKET UPDATE] Crude futures continue to dip with WTI Jun under USD 89/bbl and Brent Jun dipping under USD 97.50/bbl; recent macro headlines have been light

[MARKET ANALYSIS] Crude subdued but cautious amid fragile Israel/Lebanon ceasefire and heading into US-Iran ceasefire expiry

[MARKET ANALYSIS] European bourses mixed, Alstom slumps after withdrawing guidance; US equity futures remain near ATHs

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Context

This movement could influence inflation expectations and currency dynamics, especially for commodity-linked currencies. Traders should monitor for any shifts in sentiment or further macro developments that could affect oil prices.

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