The Story
News Summary
- Crude oil prices slid following reports of a potential ceasefire, reducing geopolitical risk premiums around the Strait of Hormuz.
- The decline provides a terms-of-trade tailwind for the oil-importing Eurozone, while the euro traded mixed against major currency pairs.
Explore WTI price history & advisor snapshot
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Stored market data
WTI price history
103.18
+71.00% over the displayed period
Advisor Snapshot
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