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Oil markets remain tense despite a ceasefire

Oil markets remain tense despite a ceasefire

Reuters Morning Bid

April 10, 20267m 34s

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Show Notes

Gas prices are climbing, crude is hitting records, and the latest data could show the biggest inflation jump in years. We explain how energy shocks ripple through the economy — and why the Fed’s “transitory” hopes are looking shaky again.

Today’s recommended read: Ceasefire uncorks market relief, but outlook remains sobering, by Jamie McGeever

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest.

Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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