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Delayed Israeli Incursion Causes Oil Dip

OIL

Israel has agreed, for now, to a request from the U.S. to get its air defenses in place to protect U.S. troops in the region ahead of an expected ground incursion into Gaza, U.S. and Israeli officials said.

- Full piece here: https://www.wsj.com/livecoverage/israel-hamas-war-palestinians-news/card/israel-agrees-to-delay-invasion-of-gaza-so-u-s-can-rush-missile-defenses-to-region-wFU3kduhruPhm6e8OM7b?mod=e2tw

  • Crude coming off on the headlines over possible de-escalation in Middle East.
  • Brent DEC 23 down -1% at 87.23$/bbl
  • WTI DEC 23 down -1.3% at 82.63$/bbl

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