The Story
News Summary
- U.S.
- producer prices unexpectedly fell 0.3% in June, dragging the annual PPI rate down to 5.5%.
- While cooling inflation bolsters expectations of Fed rate pauses, reignited Middle East tensions in the Strait of Hormuz have simultaneously pushed oil prices to a four-week high.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
107.94
+69.29% over the displayed period
Advisor Snapshot
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