BREAKING: WTI oil loses 6% amid fears of a global crisis!

WTI crude oil quotations are slipping towards USD 72.7 per barrel, thus reaching a nearly 6% drop on a daily basis. Panic on the markets due to fears of a banking crisis and possible perturbations in the global economy are dampening demand for 'black gold', which is being sold off en masse. Capital is moving towards safer assets, with the Japanese yen and bullion, gold and silver, among others, performing well.

Source: xStation 5

17 July 2026, 19:01

Daily Summary: A sell-off with a spin-off

17 July 2026, 18:17

Iran Escalation: What to Watch and What to Expect

17 July 2026, 12:56

What's next for Brent crude❓Traffic in the Strait of Hormuz at its lowest level in three weeks🚢

17 July 2026, 10:46

Netflix slumps, as SpaceX and chip stock sell off continues

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