Brent crude settles down 2.97% at $91.45/bbl, shedding $2.80 on the session.

Super Micro plans to raise $7B in equity offerings to buy components for AI server orders, Bloomberg reports.

Super Micro plans to raise $7 billion through a package of equity offerings to purchase components needed to fulfill customers' orders for the company's AI servers.

US crude oil inventories plunge 9.119M barrels, far exceeding expectations of a 3.4M draw, according to API data.

US API crude oil stocks fell by 9.119 million barrels, far exceeding the forecast of a 3.4 million barrel draw and the previous week's draw of 6.75 million barrels.

SpaceX draws over $250 billion in investor demand for IPO, sources say, dwarfing the $75 billion the firm seeks to raise in what would be the largest-ever public offering.

Elon Musk's SpaceX has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, dwarfing the $75 billion the firm is seeking to raise, according to people familiar with the matter.

SpaceX seeks $75B in what could be largest IPO in history, with investors betting on satellite internet, AI and space infrastructure, though analysts are divided on the nearly $1.8 trillion valuation.

SpaceX is seeking to raise $75 billion in what could become the largest IPO in history. Investors are betting on satellite internet, artificial intelligence and future space infrastructure, while analysts remain divided over whether the company's nearly $1.8 trillion valuation is justified.