West Texas Intermediate & Scott Bessent
25 shared events · Importance 10 · Last updated Jun 28, 2026
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International
West Texas Intermediate: West Texas Intermediate (WTI) crude prices have risen, mirroring the global trend in oil prices due to the Iran war.
Scott Bessent: Scott Bessent, U.S. Treasury Secretary, reassured about the temporary nature of the sanctions waiver on Russian seaborne oil.
May 05, 2026 · 374 articles
Domestic
West Texas Intermediate: West Texas Intermediate, the U.S. benchmark crude, experienced a 27% fall in the last month, yet gasoline prices have not decreased commensurately, fueling the controversy and government scrutiny.
Scott Bessent: Scott Bessent, the Treasury Secretary, warned producers and refiners of potential administrative action if pump prices do not decline sharply.
Apr 20, 2026 · 25 articles
International
West Texas Intermediate: West Texas Intermediate crude oil futures fell, which could offer some relief to Japan's import costs, but the overall impact on the Japan — Japanese yen's weakness is limited.
Scott Bessent: Scott Bessent, the US Treasury Secretary, met with Japanese Finance Minister Satsuki Katayama, and they agreed on taking bold steps on currencies if needed.
Apr 20, 2026 · 50 articles
International
West Texas Intermediate: West Texas Intermediate prices are influenced by global geopolitical events and supply disruptions, with its trading upwards reflecting market volatility and anxieties over supply bottlenecks.
Scott Bessent: Scott Bessent, US Treasury Secretary, had previously indicated that the US waiver would not be renewed, though a short-term extension was later issued.
May 18, 2026 · 21 articles
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