Lee Ying Shan

West Texas Intermediate futures, the U.S. benchmark, declined about 1.3% to $85.93 per barrel. Brent crude , the international benchmark, lost 1.24% to $93.22 a barrel.

Investors turned cautious ahead of Nvidia's earnings and a closely watched inflation report. Both are due later this week.

Key Points The latest move extends a sharp rally that began last week, when bitcoin surged more than 20% in three days.

Stock futures were near flat early Wednesday ahead of the release of key U.S. inflation data along with Nvidia's latest quarterly results.

With Thursday's advance, the three major indexes are on track to end the week higher.

Key Points Singapore is easing some family-office requirements while retaining strict wealth checks, with Chinese luxury-property enquiries up 35%.

In Asia, Japan's Nikkei 225 was poised to fall Monday, with the Chicago and Osaka futures contract at 65,530 and 65,830 respectively compared with the inde

Key Points CME's new 10-barrel WTI contract lowers the barrier for individual oil traders.

Oil trading was once largely the preserve of commodity houses, institutional investors and professional traders able to make bets involving thousands of barrels at a time. That barrier is becoming much lower.