A post by @DeItaone on X.
BRENT, U.S. WTI CRUDE FUTURES TURN NEGATIVE FALL NEARLY 3% AFTER US PRESIDENT TRUMP SAYS US WILL STO…
@DeItaone on X
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Brent and U.S. WTI crude futures turned negative and fell nearly 3% after President Trump said the U.S. will stop paying Israel after year-end, per a Walter Bloomberg (@DeItaone) tweet. The reversal erased earlier gains in both benchmarks, with the selloff attributed to the headline rather than a change in physical supply. The move matters because it shows oil prices are highly sensitive to geopolitical funding signals from Washington. Traders will watch for official confirmation or clarification of the statement and any follow-through in Brent and WTI spreads and volumes.
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Named in this story
Brent crude (OIL), WTI crude (OIL), Donald Trump, Israel
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