Oil news
Crude oil headlines from the Newsquawk desk, newest first: OPEC+, inventories, supply and the WTI and Brent settles. Subscribers get them live; this page shows them 20 minutes later.
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Oil in the desk's market notes
- US Market Open: Houthis threaten Saudi oil facilities once again; DXY flat awaiting US CPI
Yemeni Army said operations towards Saudi airports and oil facilities will continue and urged civilians, workers and shipping companies to evacuate airports and firms.
- EU Market Open: Trump and Netanyahu reportedly discussed launching operations against Iran before elections; DXY softer, whilst crude benchmarks gain
DXY remained softer following yesterday's decline alongside lower US yields; crude futures climbed amid continued Middle East tensions, while spot gold lacked firm direction.
- US Market Open: Trump reiterated that the war with Iran will end soon; JPY gains following a BoJ source report, whilst the DXY is pressured alongside yields and oil prices
US President Trump said the war with Iran will end very soon and that oil prices will fall once the conflict concludes, while Saudi Arabia conducted further strikes against Houthi targets in Yemen.
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