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Both WTI and Brent crude oil prices briefly fell by $4 before rebounding, and are currently trading at $92.6/barrel and $94.8/barrel respectively.

2026-04-22

Both WTI and Brent crude oil prices briefly fell by $4 before rebounding, and are currently trading at $92.6/barrel and $94.8/barrel respectively.

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2026-04-21

The dollar could fall if Federal Reserve Chair nominee Kevin Warsh leans in favor of interest rate cuts in his Senate hearing later, ING's Chris Turner says in a note. "With oil prices and short-term inflation expectations high at the moment, comment

The dollar could fall if Federal Reserve Chair nominee Kevin Warsh leans in favor of interest rate cuts in his Senate hearing later, ING's Chris Turner says in a note. "With oil prices and short-term inflation expectations high at the moment, comments which see short-dated swap rates and real rates [adjusted for inflation] come lower will be dollar negative." Any dollar reaction is unlikely to be significant, however, as Republican Senator Thom Tillis could prevent the Warsh nomination from proceeding to a full vote in the Senate amid an investigation into the Fed's reconstruction project, he says.
2026-04-21

CHINESE STATE MEDIA: THIS ROUND OF PRICE ADJUSTMENT IS THE EIGHTH ADJUSTMENT WINDOW THIS YEAR AND THE FIRST PRICE CUT SO FAR IN 2026

CHINESE STATE MEDIA: THIS ROUND OF PRICE ADJUSTMENT IS THE EIGHTH ADJUSTMENT WINDOW THIS YEAR AND THE FIRST PRICE CUT SO FAR IN 2026
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