The West Texas Intermediate was down 2.39% at $88.94 per barrel as of 7:40 p.m. ET. Brent crude fell over 4% to settle at $94.79 per barrel on Tuesday.
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Asia markets set to open higher as hopes for a U.S.-Iran deal rise and oil prices drop
World
Oil extends declines as possible U.S.-Iran talks raise hopes for Mideast peace deal
An aerial view of the Chevron EL Segundo refinery, one of the largest petroleum processing facilities in California, as a plane takes off from LAX on April 8, 2026 as seen from above Manhattan Beach, California. Mario Tama | Getty Images Oil prices extended declines after settling sharply lower Tuesday amid rising optimism that the […]
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Meta commits to one gigawatt of custom chips with Broadcom as Hock Tan agrees to leave board
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design of Meta’s custom in-house AI accelerators through 2029. At the same time, Meta said Broadcom’s CEO, Hock Tan, told Meta last week that he has decided […]
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Crypto exchange Kraken confirms it has confidentially filed for an IPO
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken co-CEO Arjun Sethi said Tuesday that the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC’s previous reporting on the matter. Sethi’s comments were made at the Semafor World Economy conference in Washington, D.C., […]
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