Brent reportedly settles below $100 as bank stocks weaken
A September 22 market commentary puts Brent at $99.25, down 1.1%, while the Nasdaq reached a record. It argues that cheaper oil did not resolve pressure on bank lending margins.
TLDR
A September 22, 2026, post says Brent briefly dipped below $98 before settling at $99.25—down from nearly $110 the previous week, but still well above roughly $72 before the Iran war. It also reports a record Nasdaq close of 27,244.28 and a 3.4% fall in JPMorgan shares. The author's explanation: softer oil can ease inflation worries without improving bank lending margins when short-term rates rise and longer-term yields stay flat or fall.
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