Brent crude hits session low near $114 a barrel

The significance here is less the direction than the location: Brent testing a session low around a level it has been treating as a floor suggests near-term momentum has tilted toward sellers, even without a clear catalyst in the report. This matters most for inflation-sensitive assets and for crypto/RWA markets that have been trading as a proxy for macro risk appetite. Whether the pullback extends or stabilizes near this level is the open question, and the absence of a stated driver leaves the move vulnerable to reversal.