Nymex Front Crude Drops 14% on Ceasefire

Nymex K26 is now at $97 a barrel, with the curve in backwardation.

Moody's Leads the RiskTech 100, Followed by SAS

Chartis RiskTech100 list puts Moody's at the top, followed by SAS.  Both have customer satisfaction scores of around 66%. FIS is third.

Other dimensions include Functionality, Core Technology, Strategy, Market Presence and Innovation.

The RiskTech100 has a 2026 overall ranking, category winners (e.g. AI for Banking where SAS wins, FRAML - or "Fraud and Anti Money Laundering" - where Nasdaq wins) and "Ones to Watch" (LikeZero in operational control and governance).

Blue Owl Hit with $5.4bn Redemption Requests

The private credit firm Blue Owl has capped withdrawals following investors trying to pull more than 40% from a single fund. The US Treasury has called in regulators to discuss private credit risks.

SpaceX reportedly confidentially filing for IPO

May Delivery WTI Rises to $108 Per Barrel

 CLK6 has risen 8% to $108.22 with 135K contracts traded.

Mistral's $830m Debt Raise for Europe Data Centres

Mistral ("Frontier AI. In your hands"), a French AI startup led by ex-DeepMind Arthur Mensch, which has a "Donkey Kong room" in its Paris office, and not to be confused with Mistral Group (UK bus and coach provider), has raised money from a consortium of banks to run a new data center powered by Nvidia chips. A non-exhaustive list of banks involved include HSBC Holdings, Mitsubishi UFJ Financial Group, BNP Paribas ("The bank for a changing world") and Credit Agricole CIB.

Decacorns

A decacorn is a privately held startup valued at more than $10bn - an extremely rate tier above "unicorn" status.  It is used in the venture capital world to denote exceptional scale, investor confidence and global growth potential.