Energy is the week’s worst sector: Brent settles near $98 after a double-digit weekly drop, WTI near $90; financials relatively resilient (Energy/Financials)

Financedesk view

Energy is the week’s worst sector: Brent settles near $98 after a double-digit weekly drop, WTI near $90; financials relatively resilient (Energy/Financials)

Under a post-election narrative of Middle East de-escalation and fading Iran-war premium, crude posted a rare steep weekly decline: Brent settled Friday near ab…

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Energy/Climatedesk view

Brent Posts Worst Week Since April 2020, Down Over 16%, as Markets Price Post-Midterm Iran Detente (Oil & Gas)

Crude posted its steepest weekly loss since April 2020 on Friday: Brent’s January contract settled near $97.75–$98.32 a barrel, down more than 16% on the week, …

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