[MARKET UPDATE] Energy benchmarks continue to bid higher, Brent X26 extending above USD 95/bbl while WTI V26 nears USD 91/bbl; follows unconfirmed social media reports of a missile fired from Iran (REMAINS UNCONFIRMED)
Newsquawk Staff ·
Energy benchmarks continue to bid higher, Brent X26 extending above USD 95/bbl while WTI V26 nears USD 91/bbl; follows unconfirmed social media reports of a missile fired from Iran (REMAINS UNCONFIRMED)
- US President Trump, on Iran, says we may do another operation against Iran; doubts Iran will say ‘let’s get down to business’
- CRUDE WRAP: WTI (Z6) SETTLES USD 3.80 HIGHER AT USD 103.27/BBL; BRENT (Z6) SETTLES USD 3.55 HIGHER AT USD 116.72/BBL
- US Ambassador to Turkey Tom Barrack says US could strike Iran as soon as this weekend, AFP reports citing an interview on Israeli radio
- Germany’s oil stockpiling agency EBV issued a tender on Friday to sell diesel, heating oil and crude oil from its strategic reserves, according to a document
- US DoE has authorised an emergency of exchange of up to 400k barrels of crude oil from the SPR, to address crude oil supply disruption that is affecting Phillips 66 Lake Charles refinery (264k BPD) within Louisiana
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