MARKET UPDATE: Oil prices slide on WSJ report that the US is to allow Iran to immediately sell oil
Newsquawk Staff ·
- The weakness in oil has lead to upside in T-notes and Dollar weakness while equities are little phased.
- US President Trump will deliver remarks in Florida on Friday, Georgia on Saturday and Michigan on Sunday, according to The Whiye House
- Newsquawk Daily Asia-Pac Opening News - 23rd October 2026
- US President Trump on Iran, says may do it a little bit further
- CRUDE WRAP: WTI (Z6) SETTLES USD 2.32 HIGHER AT 99.47/BBL; BRENT (Z6) SETTLES USD 4.35 HIGHER AT USD 113.17/BBL
- US President Trump says "Iran is doing everything they can to drive up the price of Oil prior to the U.S. Midterm Election".
Related headlines
- US President Trump, on Ukraine’s Starlink (SPCX) access, says it’s a very interesting situation; won’t comment on whether he spoke to Elon Musk; bottom line is Musk put it back4 hours ago
- US TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 1 POINT AND 9+ TICKS HIGHER AT 106-134 hours ago
- US President Trump invokes Section 232 on wind turbine imports4 hours ago
- US President Trump signs EO on housing costs, aiming to cut mortgage insurance premiums4 hours ago
- US President Trump called Musk and asked him to lift Ukraine Starlink (SPCX) restrictions, WSJ reports6 hours ago
- US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile10 hours ago
- P&G (PG) CFO says expect materially higher cost headwinds in Q2 and second half of fiscal 2027 from higher oil prices11 hours ago
- [Market Update] Risk-off trade continues as AI concerns linger; stocks trade at new lows with NQ -3.0% as tech leads losses, while gold sees new lows; Treasuries push to new highs, weighing on USD; oil trades off highs supported by geopolitical risk6 hours ago
- Russian Cabinet says gasoline and diesel production has increased on the Russian market and stocks are being formed, TASS reports; Deputy PM Novak notes positive dynamics in the Russian fuel market8 hours ago
- US EIA Natural Gas Stocks Change (Oct/16) 77Bcf vs. Exp. 79Bcf (Prev. 67Bcf)9 hours ago
- Infineum is exploring a USD 8bln sale, the FT reports10 hours ago
- Washington will determine the timing of the next attacks on Iran, reports Al Hadath citing sources telling Israel Hayom11 hours ago
- Ukraine President Zelensky says Ukraine is ready for peace talks at G20, but so far no such invitation6 hours ago
- An Israeli military official told Channel 12 that here is no reason to launch an attack on Iran before the elections; If we detect preparations in Iran for an attack, we will act7 hours ago
- US Treasury Secretary Bessent says the Iranian regime's arrogance and belligerence continue to punish ordinary Iranians10 hours ago