Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data 
Delta Flight Makes Emergency Landing in Atlanta After Cockpit Fumes Reported 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
Hims & Hers Shares Fall as GLP-1 Costs Widen Q2 Loss 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium 
Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
Asian Currencies Steady as Markets Await U.S. Inflation Data 
Australia Housing Crisis Deepens as Worker Shortages Delay Homebuilding 
S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom 
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business 
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
Brent crude oil prices stabilized in early Tuesday trading after a drone attack on Russia’s Kropotkinskaya pipeline station disrupted oil flows from Kazakhstan. Brent futures dipped 0.09% to $75.15 per barrel by 0137 GMT, while U.S. West Texas Intermediate (WTI) crude rose 47 cents to $71.21 per barrel, with Monday's WTI settlement delayed due to the U.S. Presidents' Day holiday.
The drone strike in Russia's Krasnodar region reduced shipments managed by the Caspian Pipeline Consortium, affecting Western companies like Chevron and Exxon Mobil. Despite the disruption, February’s Black Sea CPC Blend oil loading schedule remains unchanged, sources told Reuters.
Market fundamentals kept price reactions subdued. Analysts from BMI forecast Brent prices averaging $76 per barrel in 2025, reflecting a 5% decline from 2024 due to oversupply, tariffs, and trade tensions.
OPEC+ producers are not considering delaying scheduled oil supply increases starting in April, according to Russian state media. In December, OPEC had postponed raising output until April in response to weak demand and growing supply from non-OPEC sources.
The combination of geopolitical tensions and market oversupply continues to influence global oil prices.
