Impact on each asset
USD ■US dollarLimited
XAU ▲GoldTailwind
US ▼US stocksHeadwind
SET ▼Thai stocksHeadwind
BTC ■CryptoLimited
Summary
WTI settled Friday at $91.11, down $1.30 or 1.41% from last Friday's settlement. Brent settled at $102.25, up 0.11% on the week per Reuters. On Thursday Brent jumped 4.4% to $102.31 and WTI rose 2.7% to $92.87 after a report that the US is sending a third carrier group to the Middle East.
Why it moves markets
High oil prices feed into inflation and business costs, so they also bear on the rate outlook. The G7/IEA plan involving 100 million barrels of diesel and other emergency reserves pushed WTI lower, but Brent held above $102.
Deeper view and what to watch
Watch progress on the reserve release and Middle East headlines, which are pulling prices in opposite directions. The Brent contract also just rolled from November to December, so week-on-week comparisons need care.
Sources
For education only, not investment advice. Prices and figures change constantly, so check the sources before making decisions.