US EIA Weekly Crude Production 13.74M (Prev. 13.71M)
The latest EIA report shows an increase in US crude oil production, rising from 13.71 million barrels to 13.74 million.
Mexico Navy intercepts submarine with four tonnes of cocaine in Pacific Ocean off country's west coast
US 30-year fixed rate mortgage rate (19-Feb, average): 6.01% (prev. 6.09% W/W), via Freddie Mac
US EIA Weekly Crude Production 13.74M (Prev. 13.71M)
EIA Expectations: Crude 2.34M, Distillate -1.5M, Gasoline -0.22M
Moncler (MONC IM) FY25 (EUR): Net 623mln (exp. 596mln), Revenue 3.13bln (exp. 3.07bln), Stone Island revenue 411.2mln
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This upward trend may add pressure on global oil prices, particularly as supply dynamics are already sensitive to geopolitical developments. Traders should consider how this could impact WTI and Brent prices along with any related currency movements tied to oil.
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