G7 nations bow to US pressure and avoid crippling diesel ban
Crude oil prices eased after G7 leaders bowed to US President Donald Trumpโs demand to release oil and diesel reserves.
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Crude oil prices eased after G7 leaders bowed to US President Donald Trumpโs demand to release oil and diesel reserves.
US equity futures waver ahead of PPI data, Oracle earnings and a rate decision from the European Central Bank. Brent crude reaches $102 a barrel as Iran is said to be ready to intensify its counterattacks if the US continues its strikes. President Trump pledges a $5,000 payout to voters if the Republican party wins the midterm elections. The president is set to speak again at the Republican National Convention in Dallas today. Jack Caffrey of JPMorgan Asset Management joins "Bloomberg Brief" to recap this earnings season. This video has been edited to correct a graphic to note that ECB President Christine Lagarde is scheduled to speak. Lagarde's name was misspelled at 00;41;26;29 (Source: Bloomberg)