[MARKET UPDATE] Crude futures fall amid constructive geopolitical headlines on Ukraine
The fall in crude futures appears linked to more constructive geopolitical developments regarding Ukraine, with the U.S.
UK DMO says it will sell GBP 900mln 1.125% 2035 I/L Gilt on 13th January via auction
US President Trump says the US will accelerate production of weapons and aircraft
[MARKET UPDATE] Crude futures fall amid constructive geopolitical headlines on Ukraine
CBRT says main trend of CPI has retreated; January inflation will be affected by drug prices
US Ambassador to NATO Whitaker says a peace deal for Ukraine could be "on the cusp", speaking to Fox; adds, "We're really very far down the road..."
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
RECAP:
- US will commit to supporting Ukraine in the scenario of a future Russian attack, Bloomberg reports citing a draft statement
- US Ambassador to NATO Whitaker says a peace deal for Ukraine could be "on the cusp", speaking to Fox; adds, "We're really very far down the road..."
signaling strong support should tensions escalate again. The suggestion of a potential peace deal, as emphasized by the U.S. Ambassador to NATO, could signal a stabilizing outlook for the region, reducing the immediate risk premium in energy markets. Overall, this could lead to softer oil prices as the market reassesses the supply-demand balance under these emerging conditions.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- EIA Expectations: Crude -1.5M, Distillate -0.4M, Gasoline -1.3M3 days ago
- [MARKET ANALYSIS] Asia-Pac stocks followed suit to the downbeat global risk appetite after oil prices surged and yields climbed amid the geopolitical escalation in the Middle East2 days ago
- [MARKET ANALYSIS] DXY takes a breather after recent advances, while the attention turns to US CPI2 days ago
- [MARKET ANALYSIS] Treasuries remained subdued after sliding yesterday and with the 10yr yield nearing 5% after oil surged2 days ago
- [MARKET ANALYSIS] Oil prices paused overnight after surging again yesterday as escalation between Saudi and Houthis threatens shipping in the Bab al-Mandab 2 days ago
- Russia official will attend G20 energy meeting in Houston next week, WH official says1 day ago
- Baker Hughes Rig Count: Oil +1 at 450, Nat Gas +2 at 132, Total +3 at 591 1 day ago
- Saudi Arabian oil pipeline system hit by projectiles triggering fires, CNN reports, citing sources2 days ago
- Qatar Energy reportedly in talks to replace lost Ras Laffan volumes; is in talks with Venture Global (VG), Cheniere (LNG), Woodside and other US producers for multi-year LNG deals to replace the lost volumes, according to reports2 days ago
- Venezuela's PDVSA reportedly restarts the fluid catalytic cracker at the cardon refinery, reports sources2 days ago
- Spot premiums for Azeri BTC crude oil rose over USD 10/bbl against dated Brent, according to traders2 days ago
- US White House NEC Director Hassett says diesel is a big issue because it is a refined product and it is a major concern for the US right now2 days ago
- UK PM Burnham is to reportedly delay the approval for plans regarding the Jackdaw gas field until after the Holborn and St Pancras by-election, the Telegraph reports2 days ago
- French Finance Minister says there is currently no need to release additional oil reserves2 days ago
- IEA OMR: 2026 world oil demand to fall by 2.5mln BPD (vs prev. forecast of a 1.6mln BPD fall), citing impasse in US-Iran talks on resolving their conflict.2 days ago
- US retail diesel price tops USD 6 per gallon, according to AAA2 days ago
- China's NDRC raises gasoline and diesel prices by CNY 435/t and CNY 420/t respectively, effective September 11th2 days ago
- US Interior Secretary Bergum says every idea is on the table when asked about diesel export controls2 days ago
- US national average diesel price crosses USD 6 a gallon for the first time, according to Gasbuddy2 days ago
The whole workspace, free to try.
Try it free