The Story
News Summary
- August PPI surged 0.4% sequentially and 5.4% year-over-year, driven by spiked energy costs and Middle East tensions that pushed Brent above $105.
- Accelerating wholesale inflation has fueled expectations of a Federal Reserve rate hike next month, stoking broad market volatility and pressuring equities while boosting crude benchmarks.
Explore BRENT price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
BRENT price history
102.15
+57.35% over the displayed period
Advisor Snapshot
Unlock Member-Only Insights
Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.