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Fed's Powell's comments sooth bond market, but oil continues rise, hitting crypto and stocks

WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first time since 2002.

Fed's Powell's comments sooth bond market, but oil continues rise, hitting crypto and stocks

WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first time since 2002.

Key takeaways

Quick scan — what you need to know:

  • WTI crude oil closed above $100 per barrel for the first time since 2002.
  • WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first
  • time since 2002.

Background

What led here, in plain terms:

  • WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first time since 2002.
  • Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

  • WTI crude oil closed above $100 per barrel for the first time since 2002.
  • WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first
  • time since 2002.