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Door Remote - 16 Oct 2026
Rising slowly at first, the price of oil is headed straight up over the past few minutes, with WTI crude now up more than 3% on the day to a one-month high of $101 per barrel.
That’s up 16% over the past 10 days.
There are reports that Saudi Arabia’s East-West oil pipeline has been targeted in an attack.
U.S. government bond yields are responding; the 10-year Treasury is now higher by 3.5 basis points to 5.125% after earlier dipping to 5.07%.
The Nasdaq is lower by 1.5% and bitcoin has pulled back to $81,300.
Among crypto-related stocks taking losses: Strategy MSTR$136.79 -9.2%, Securitize (SECZ) -13.4%, Coinbase COIN$175.65 -3.5%, Circle CRCL$82.49 -4%, Bullish BLSH$29.69 -5.9%.
That’s up 16% over the past 10 days.
There are reports that Saudi Arabia’s East-West oil pipeline has been targeted in an attack.
U.S. government bond yields are responding; the 10-year Treasury is now higher by 3.5 basis points to 5.125% after earlier dipping to 5.07%.
The Nasdaq is lower by 1.5% and bitcoin has pulled back to $81,300.
Among crypto-related stocks taking losses: Strategy MSTR$136.79 -9.2%, Securitize (SECZ) -13.4%, Coinbase COIN$175.65 -3.5%, Circle CRCL$82.49 -4%, Bullish BLSH$29.69 -5.9%.