As of the close, NYMEX August light sweet crude (WTI) rose $0.11 to $68.69/bbl, +0.16%; ICE September Brent gained $0.23 to $71.80/bbl, +0.32%.

Pinggao said it has won the China Mobile Fujian Quanzhou branch 2026–2028 procurement for industry token (term) and AI model capability intelligent-scheduling services. The contract covers AI-model invocation, scheduling and operations support for enterprise and government clients to support Quanzhou Mobile’s push to expand local industry digitalization and its gov-enterprise AI service offerings.

DALY says the Fed may need to act more aggressively to address persistent inflation.