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Mortgage Rates in the US Edge Lower for First Time in Six Weeks

US mortgage rates fell slightly for the first time since in six weeks, after fresh data revealed that the labor market is cooling and the Iran war may have had a more muted impact on inflation last month.

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More in Finance & Markets

Jefferies: Diesel Cracks Reveal the Real Oil Market Squeeze

Brent crude futures held near recent highs of $90 a barrel before fading to around $87 early Thursday morning, as traders awaited progress toward reopening the Strait of Hormuz.

  • Brent crude near $90, then $87 as Strait of Hormuz reopening awaited
  • US-Iran tensions stall negotiations, blockade persists
  • Diesel supply crunch deepens, IEA warns 1.8M-barrel deficit