US EIA Weekly Crude Production Change, 0.08% (Prev. 0%)
The US EIA's weekly crude production change shows a modest increase of 0.08%, up from the previous week's flat reading.
Iran reportedly has no plans to negotiate with the US on Friday, according to Tasnim
US Attorney Pirro says Fed investigation continues, appealing the decision of Judge Boasberg
US EIA Weekly Crude Production Change, 0.08% (Prev. 0%)
[Reuters withdraws report, says sources were wrong] Trump reportedly willing to give Iran another 3-5 days for ceasefire, Reuters reports citing sources
US Treasury Secretary Bessent says he think Iran conflict will end, and gas prices will drop; gas prices may even get lower than pre-war
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While this change is relatively minor, it reflects the ongoing adjustments in supply dynamics amidst broader geopolitical tensions, keeping an eye on oil prices like WTI and Brent. Traders should consider this data point in the context of overall market sentiment and potential implications for inflation and energy stocks.
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