S&P 5007,509.20▲0.9% Nasdaq25,837.21▲1.3% Dow52,224.64▲0.7% Russell 2K2,987.40▲1.5% 10-Yr4.63%+3bp VIX17.55+0.50 WTI$87.52▲3.1% Gold$4,117.00▲1.1% EUR/USD1.141▼0.0% BTC$65,038▼1.6% Nikkei66,116▼0.2%
At close · Wed, Jul 22, 2026
Daily Market Updates.

Commodities

HomeCommoditiesEnergyOil futures point to lower prices later this year desp…

Oil futures point to lower prices later this year despite ongoing conflict

Market pricing is tied to expectations of tighter near term conditions alongside a potential policy shift aimed at easing Iran tensions after the midterm elections.

Futures markets are signaling that investors expect oil to trade lower in the coming months even as geopolitical tensions continue, according to an analysis by NYT Business.

The outlet links that pricing to a view that low inventories could keep prices supported near term, while midterm elections may influence how the Trump administration handles tensions with Iran.

Overall, the signal comes through in futures contracts, which reflect expectations about inventory levels and the direction of policy-driven risk premiums over the next few months.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.