US Energy Secretary Wright says US is to add 40mln bbls to SPR after Iran conflict is over, via Fox Business
Newsquawk Staff ·
US Energy Secretary Wright says US is to add 40mln bbls to SPR after Iran conflict is over, via Fox Business.
- Pakistan Army Chief Munir, in his meeting with Iranian officials, brought with him the "final warning" from the United States, which calls on Iran to submit to the American demand for concessions on the nuclear issue before taking any other steps
- US President Trump posts that he is watching data centres closely
- [MARKET UPDATE] Crude futures move higher by some USD 0.40/bbl over three minutes despite a lack of fresh drivers; UST and US equity futures marginally dip in tandem
- Iranian Foreign Minister Araghchi posts his interview with Iraqi network, says indirect negotiations with the US are continuing through intermediary countries, including Pakistan and Qatar, despite Washington's public opposition to talks
- US Weekly Private Inventory Data (bbls): Crude -4.9mln (exp. -1.1mln), Gasoline -2.0mln (exp. -0.7mln), Distillate -2.6mln (exp. -1.6mln), Cushing +0.9mln.
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