{"id":459492,"date":"2026-05-25T18:39:11","date_gmt":"2026-05-25T18:39:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/459492\/"},"modified":"2026-05-25T18:39:11","modified_gmt":"2026-05-25T18:39:11","slug":"oil-wti-and-brent-test-key-psychological-levels-scotiabank","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/459492\/","title":{"rendered":"Oil: WTI and Brent test key psychological levels \u2013 Scotiabank"},"content":{"rendered":"<p>Scotiabank\u2019s Global FX Strategy team highlights that global benchmark Oil prices are lower, with WTI nearing the psychologically important $90\/bbl level and Brent slipping toward the mid-$90s after briefly trading above $100\/bbl. They link weaker Oil to a broader risk-on tone, as <a href=\"https:\/\/www.fxstreet.com\/markets\/equities\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">equities<\/a> rally and bond yields decline across major markets.<\/p>\n<p>Benchmarks slide toward critical thresholds<\/p>\n<p>&#8220;The US\/Iran negotiation details have been relatively limited but reporting seems to focus on the reopening of the Strait of Hormuz while offering little on thornier, longer-term issues like uranium enrichment.&#8221;<\/p>\n<p>&#8220;The broader market\u2019s tone is bullish and suggestive of risk appetite with US equity futures pushing to fresh highs as global benchmark oil prices trade down about $5\/bbl on the day. &#8220;<\/p>\n<p>&#8220;WTI is now threatening a break below the psychologically important $90\/bbl level and Brent is threatening the mid-$90s after breaching $100\/bbl overnight.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)<\/p>\n","protected":false},"excerpt":{"rendered":"Scotiabank\u2019s Global FX Strategy team highlights that global benchmark Oil prices are lower, with WTI nearing the psychologically&hellip;\n","protected":false},"author":2,"featured_media":459493,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-459492","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/459492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=459492"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/459492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/459493"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=459492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=459492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=459492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}