Oil jumps 3 percent on a day of Iran and Gulf headlines. Bonds and gold give way.
January 2027 Brent settled at 95.82 dollars on Thursday, up about 3.3 percent, Reuters reported. Two kinds of news stood behind it.
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THE LATEST DISPATCH
Sticky core inflation pushed the 10-year Treasury yield past 5 percent. Oil dipped toward $90 and came back.
Issues from November 11 to November 14 showed our crude rule as not met. It was met on November 10 and we missed it.
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BEYOND THE HEADLINE
Recent coverage
Oil wins back Tuesday's fall. The far end of the curve comes back with it.
January 2027 Brent rose about 1.4 percent on Wednesday, to 92.76 dollars on ICE's daily record. That won back Tuesday's fall.
A tanker is hit near Hormuz and oil falls anyway. Oil for late 2027 falls further.
January 2027 Brent fell about 1 percent on Tuesday, to 91.49 dollars on ICE's daily record. That afternoon a tanker was struck by a projectile near the Strait of Hormuz, the UK's maritime security agency reported, gCaptain reports.
Oil drops 6 percent after Trump says he will hold off on Iran. Oil for late 2027 falls a third as far.
Brent crude for January delivery settled down 5.9 percent on Monday, after President Trump said he plans to hold off on new military strikes against Iran following appeals from countries in the region, Reuters reports. On Tuesday morning Brent slipped below 90 dollars for the first time since August 31.
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THE COVERAGE MAP
Connected forces.
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Read across the fault lines.
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Geopolitics
Power, policy, and the fault lines moving capital.
Oil & Energy
The physical constraints behind the financial story.
Gold & Silver
Monetary confidence, real rates, and precious metals.
Fed & Rates
Policy expectations and the price of money.
Semiconductors
Industrial policy, computing, and strategic supply chains.
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