Oil prices slide, AI stock buzz fades
Brent crude slipped 0.7% to $99.61 a barrel as investors weighed Middle East talks, Saudi pipeline flows and fading enthusiasm for AI stocks.
10 Articles
10 Articles
Oil prices slide, AI stock buzz fades
The Brent international crude benchmark again dipped back below $100 a barrel, with investors eyeing a potential meeting between US President Donald Trump and Iranian President Masoud Pezeshkian at the UN General Assembly in New York. Hopes that Saudi Arabia will quickly resume flows through its East-West pipeline added to the downward pressure. A renewed burst of confidence in artificial intelligence, which pushed technology stocks higher in As…
The financial markets closed with mixed results, in a day dominated by geopolitical tensions, the Federal Reserve’s warnings about inflation and a decrease in the energy risk premium in the Middle East. Nasdaq 100 topped the profits with an advance of 0.79%, up to 30.719.9 points, while the S&P [...] The Nasdaq entry leads the profits and oil falls before signs of openness in the Strait of Ormuz was first published in The Journalist.
Brent fell 1.9% and was repositioned below $100 per barrel, while Wall Street and major European stock exchanges operated on the rise. Investors are closely following a possible meeting between Donald Trump and Iranian President Masoud Pezeshkian, while Meta’s new artificial intelligence agent renewed enthusiasm for technology. Read more
A high-level Iranian authority told Reuters that Tehran can reopen the Strait of Ormuz in up to seven days if the U.S. lowers pressure
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