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WTI crude futures rose more than $2 intraday to $93.65/bbl.

2026-09-08

WTI crude futures rose more than $2 intraday to $93.65/bbl.

Other News
2026-09-08

Kuwait's crude exports have risen to about 1.0 mln bpd as shipping through the Strait of Hormuz resumes, including ship-to-ship transshipments outside the strait, Kuwait Oil Co. International Marketing MD Sabah said. The company is delivering directl

Kuwait's crude exports have risen to about 1.0 mln bpd as shipping through the Strait of Hormuz resumes, including ship-to-ship transshipments outside the strait, Kuwait Oil Co. International Marketing MD Sabah said. The company is delivering directly to customers and is using owned and chartered tankers; as more tankers find routes through the strait, exports have recovered to roughly two-thirds of last year's daily average of 1.6 mln bpd after falling to multi-year lows following the outbreak of war between the US and Iran in late February.
2026-09-08

The yen climbed to a more-than-six-month high, creating downside risk for Japanese automakers after many forecasts assumed a weaker currency. Toyota assumes USD/JPY 160 and says a 1-yen appreciation cuts annual operating profit by about JPY50 bln (~$

The yen climbed to a more-than-six-month high, creating downside risk for Japanese automakers after many forecasts assumed a weaker currency. Toyota assumes USD/JPY 160 and says a 1-yen appreciation cuts annual operating profit by about JPY50 bln (~$326m). The current yen is stronger than the exchange-rate assumptions of all Japanese automakers except Nissan, which models USD/JPY 150 through the fiscal year to March 2027. A stronger year reduces the value of repatriated overseas revenue and weighs on firms with large US/EU sales exposure.
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