Brent Crude Is Now Trading Above $100. What Does That Mean For the Crypto Market?
High oil prices would normally be very bearish for crypto, but that hasn't been the case this time around.


Glideslope AI-powered market news
No market stories in the last 7 days. The latest coverage is below.

No scored stories in the last 7 days.
| Day | Mood | Stories |
|---|---|---|
| Sun, Oct 11 | — | 0 |
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | — | 0 |
| Thu, Oct 8 | — | 0 |
| Wed, Oct 7 | — | 0 |
| Tue, Oct 6 | — | 0 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | — | 0 |
High oil prices would normally be very bearish for crypto, but that hasn't been the case this time around.

It comes after a report that Chinese refiners suspended October fuel exports to protect domestic supplies.

Oil prices advanced on Thursday after the U.S. said it destroyed five Iranian crude oil vessels.
Asian shares are mixed in cautious trading, as investors watch for what might happen on interest rates and the war with Iran pushes oil prices higher

Goldman Sachs warns on oil prices and so called tank bottoms ( and loves a new natural gas-related name).

At a market crossroads, what oil prices can't do are often just as important for direction, if not more so, than what they can do.
U.S. stocks rose as efforts to restore the flow of oil through the Persian Gulf intensified.
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE