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US crude oil inventories increased by 3614K, while gasoline and distillates saw decreases. WTI dropped

US crude inventories rose significantly, while gasoline and distillate stocks declined. WTI crude hit a low.

WTI crude oil dips under $66, nearing September 2024’s low due to OPEC+ actions

WTI crude oil falls below $66, nearing September lows. OPEC+ weighs output increase amid declining prices.

Bailey believes second-round effects are unlikely, while Pill highlights cautious stance on rate cuts

Soft economy reduces second-round inflation effects; rate cuts possible later, depending on inflation risks, says BOE officials.

The technology sector thrives, especially semiconductors, while energy stocks struggle amid fluctuating conditions

Technology stocks surge, led by semiconductors, while energy stocks decline amid fluctuating oil prices and demand concerns.

Greene suggested inflation may persist, advocating a cautious monetary policy approach amidst uncertain signals.

Persistent inflation may not decrease without intervention; monetary policy must stay strict amid above-target inflation and wage uncertainty.

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