A post by @FirstSquawk on X.
US CRUDE OIL FUTURES SETTLE AT $86.04/BBL, DOWN 81 CENTS, 0.93%
@FirstSquawk on X
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US crude oil futures settled at $86.04 per barrel on the day, down 81 cents or 0.93%, according to a First Squawk market update. The decline marks a modest pullback in benchmark US crude pricing, though the headline item provided no detail on the drivers behind the move or on trading volumes. The settle level matters as a reference point for energy-linked equities, inflation expectations and fuel hedging costs. Traders will watch whether the contract holds above or breaks below the $86 handle in the next session, and look to inventory data and broader risk sentiment for direction.
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US crude oil futures