Daily Market Updates: Oil prices fall again as US and Iran pause fighting

Commodities

Home›Commodities›Energy›Oil prices fall again as US and Iran pause fighting

Oil prices fall again as US and Iran pause fighting

Brent and West Texas Intermediate front-month contracts both dropped again, extending the slide tied to reduced immediate escalation between Washington and Tehran.

Reported · Written up by our desk · Energy

Oil prices fell again after a new round of perceived de escalation between the United States and Iran, with trading continuing to reflect expectations of less near-term disruption.

MarketWatch reports that front-month Brent crude and front-month West Texas Intermediate both declined further as the US and Iran remain in a pause in fighting.

Latest closeWTI crude $81.92 ▼8.3%|Brent $87.83 ▼9.2%

← Newer storyCrude oil holds near one-week lows after more than 12% drop Older story →Amazon, Meta and Microsoft face skeptical investors after Google shak…

More like this

CommoditiesCrude oil holds near one-week lows after more than 12% drop

CommoditiesIran accelerates upgrades at Kharg Island oil terminal amid U.S. threats

CommoditiesCyprus moves ahead with Eni and TotalEnergies Cronos gas project

CommoditiesBrent slides as Middle East ceasefire hopes revive supply outlook

CommoditiesJapan backs overseas oil pipeline plans to reduce Strait of Hormuz risk

Sources

MarketWatchOil prices decline further after Trump claims ‘deep talks’ are underway with Iran

Commodities

Oil prices fall again as US and Iran pause fighting

More like this

Sources

Get the close, explained.