Brent slides over 2% toward $103, oil drops below $100 as inflation worries cool and US futures rise

Brent crude slid more than 2% toward $103 and oil traded below $100, cooling inflation worries and lifting US equities: S&P 500 futures gained about 0.8% and Nasdaq 100 futures about 1.1%, while the 10-year Treasury yield eased 5 bps to 4.97%.

Detected & updated continuously · Source: Nebula