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WTI crude falls 3.3% to roughly $91.93 a barrel, while Brent crude slides 3.0% to $98.26.
WTI and Brent crude oil prices dropped over 3% mid-Thursday, reaching three-week lows.
KEY POINTS
- Crude benchmarks have fallen more than 11% this week on hopes Iran will reopen Hormuz.
- The cloud observability company raised full-year guidance to $4.32B midpoint citing AI demand.
- Fastly Inc. shares plunged 38% after forecasting flat Q2 revenue and lower projected Q2 EPS.
COMPANIES
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