Daily Market Updates: Oil prices give back gains as Iran signals openness to talks

Commodities

Home›Commodities›Energy›Oil prices give back gains as Iran signals openness to…

Oil prices give back gains as Iran signals openness to talks

The move comes after US forces began a ninth consecutive night of strikes against Iranian targets, according to CNBC.

Reported · Written up by our desk · Energy

Oil prices turned lower after earlier gains faded, as Iran said the United States could pursue talks based on national interests, according to CNBC.

The report also pointed to continued escalation on the ground, saying American forces started a ninth consecutive night of strikes against Iranian targets.

CNBC noted the combination of the diplomacy signal and ongoing military action helped keep pressure on crude prices.

Latest closeWTI crude $79.00 ▼0.8%

← Newer storyHedge funds increase bets for volatility reversal after stock swings Older story →Boeing CEO says finances need a couple more years before next jet

More like this

CommoditiesMiddle East hostilities keep physical oil market tight, IEA flags stocks

CommoditiesU.S.-Iran deal unraveling raises oil-market uncertainty near November

CommoditiesCrack spread widens, pushing gasoline prices higher than oil

CommoditiesOil prices may climb again as Strait of Hormuz closes in Iran war

CommoditiesGlobal oil prices end Monday at one-month high amid Middle East jitters

Sources

CNBC MarketsOil prices erase gains after Iran says U.S. talks could be pursued based on national interests

CNBC WorldOil prices erase gains after Iran says U.S. talks could be pursued based on national interests

Commodities

Oil prices give back gains as Iran signals openness to talks

More like this

Sources

Get the close, explained.