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Oil Surges on Saudi Outages as Wall Street Slumps Ahead of Fed

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US stocks fell as 10-year Treasury yields breached 5% ahead of the Fed's expected rate hike.
  • WTI and Brent crude surged following Saudi export halts and pipeline disruptions.
  • Salesforce expanded AI infrastructure partnerships with Nvidia, Google Cloud, and Amazon.
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BRENT price history

105.48 +62.48% over the displayed period

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