Crude Oil has just surpassed $90/barrel for the first time since June, now up +25% in the past mo...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
- Crude Oil has surpassed $90 per barrel, up 25% over the past month, with specific blends trading at $90.93 (WTI Crude), $99.16 (Brent Crude), and $114.7 (Murban Crude).
- The 10-year treasury yield has crossed 4.7%.
- Natural Gas is also noted at 2.969. This upward price action in commodities and yields creates potential inflationary pressure that is viewed negatively by the stock market and the Fed.
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