Europe closes mixed as oil spikes, crypto slides and rate-sensitive assets come under pressure
Executive summary: European equities finished mixed to weaker on the session, with the CAC 40 and Euro Stoxx 50 leading declines while the FTSE 100 eked out a small gain. The broad tone was risk-off, as Brent crude jumped more than 5%, Ether fell more than 10%, and precious metals also softened. The move points to renewed inflation anxiety and tighter financial conditions, even as sterling held firmer and the euro slipped against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 08 Oct 2026 16:45 LONDON
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IEA says 325 million barrels released as G7 adds new diesel and crude drawdown
The International Energy Agency said member countries have now released about 325 million barrels of oil and oil-derived products from strategic reserves since March. That is more than 80% of the 400 million barrels originally pledged in the agency's collective action. The update came as G7 leaders agreed to immediately release 100 million barrels of diesel and crude oil in response to supply concerns.The agency said the 325 million barrels represented the amount released so far under the March commitment, leaving 75 million barrels still outstanding. The G7 did not say whether its new 100 million-barrel plan includes that remaining... [Continue Reading]
360LiveNews | 03 Oct 2026 16:02 LONDON
