Oil Swings on Russia-Ukraine Progress, Saudi Attacks
AI Summary
Oil prices fluctuated amid conflicting claims about a Russia-Ukraine energy ceasefire and reports of deadly strikes in Saudi Arabia. The report also covers wavering US equity futures, upcoming earnings, Treasury-market conditions, and interviews on yields, space policy, and BYD’s European expansion.
US equity futures waver ahead of earnings season with the US Treasury market closed for the holiday. Oil swings after President Trump said Kyiv and Moscow had agreed to an “energy ceasefire,” while President Zelenskyy says Russia has breached the truce. Saudi Arabia suffered its deadliest strikes since the Iran war began. Divya Singaravelu of Meridian 1305 Capital joins "Bloomberg Brief" to discuss the outlook for the 10-year Treasury yield. Josef Aschbacher, Director General of the European Space Agency, speaks to Bloomberg's Oliver Crook at the Warsaw Security Forum. Stella Li, Executive Vice President of BYD, speaks to Bloomberg's Caroline Connan about the automaker's expansion into Europe at the Paris Auto Show. (Source: Bloomberg)