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Brent crude holds at $83 amid ongoing conflict, Joe Weisenthal notes
Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., reports that three and a half months into the war, Brent crude is trading at $83 per barrel.
He observes that weekend headlines may help explain the current price movement in crude oil.
Weisenthal has previously commented on softer-than-expected inflation figures, noting that core PCE inflation rose 0.2 percent, below the 0.3 percent forecast. In another report, he suggested that a potential SpaceX IPO could attract strong retail investor participation despite historical risks. His coverage frequently tracks data releases and high-profile market events.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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