Impact on each asset
USD ■US dollarLimited
XAU ■GoldLimited
US ■US stocksLimited
SET ▲Thai stocksTailwind
BTC ■CryptoLimited
Summary
On Friday morning (6:54 a.m. ET), WTI traded at $89.36, down 3.78%, and Brent at $99.79, down 2.46%. Brent had closed Thursday down 1.2% at $102.3 after rallying more than 4% intraday.
Why it moves markets
European governments are discussing another coordinated release of emergency oil stocks, while Washington pushes allies to put more barrels and diesel on the market. Lower oil prices ease energy-cost pressure on economies and inflation.
Deeper view and what to watch
Friday's official settlement prices were not found, so check where prices closed. Also watch whether Europe actually approves the release and how mixed supply signals from the Middle East develop.
Sources
For education only, not investment advice. Prices and figures change constantly, so check the sources before making decisions.