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NYMEX August WTI light sweet crude futures fell $0.67 to $71.41/bbl (-0.93%) at the close; ICE September Brent futures fell $0.29 to $76.01/bbl (-0.38%).

2026-07-11

NYMEX August WTI light sweet crude futures fell $0.67 to $71.41/bbl (-0.93%) at the close; ICE September Brent futures fell $0.29 to $76.01/bbl (-0.38%).

Other News
2026-07-10

CSC Financial says recycled feedstock has tightened and recycler operating rates have fallen, prompting a downgrade to overall rare-earth output. SMM estimates June praseodymium‑neodymium (PrNd) oxide production fell about 6%, and the share of recycl

CSC Financial says recycled feedstock has tightened and recycler operating rates have fallen, prompting a downgrade to overall rare-earth output. SMM estimates June praseodymium‑neodymium (PrNd) oxide production fell about 6%, and the share of recycled PrNd oxide in total output dropped from 44% in May to 37% in June. Supply is broadly tight with little near‑term upside. On the demand side, European heat waves have lifted air‑conditioner sales—each unit uses roughly 0.1–0.2kg of rare‑earth permanent magnet—and magnet‑material makers, running low inventories, are expected to increase purchases ahead of the air‑con peak and a strong Q3 auto season. Rare‑earth prices are therefore likely to trend higher.
2026-07-10

CNN reported other US officials suggested Israel's claim that Iran planned to assassinate Trump may have been timed to influence his decision on whether to escalate military action against Iran. Two sources said the US has not independently verified

CNN reported other US officials suggested Israel's claim that Iran planned to assassinate Trump may have been timed to influence his decision on whether to escalate military action against Iran. Two sources said the US has not independently verified the intelligence and US intelligence agencies have not tracked any specific new plot.
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