Daily Market Updates: Oil prices fall about 3% as investors downplay Iran risk

Commodities

Home›Commodities›Energy›Oil prices fall about 3% as investors downplay Iran ri…

Oil prices fall about 3% as investors downplay Iran risk

Both West Texas Intermediate and Brent for October delivery slipped roughly 3%.

Reported · Written up by our desk · Energy

Oil prices declined as investors appeared to play down concerns tied to Iran, according to MarketWatch.

MarketWatch said West Texas Intermediate contracts for October delivery fell by about 3%, while Brent contracts for October delivery also dropped by about 3%.

Latest closeBrent $88.59 ▲1.8%

← Newer storyMortgage and refinance rates mixed on Aug. 25 Older story →Micron faces risk that memory price gains will not last

More like this

CommoditiesWTI falls near $82 as Iran sanctions fears cool

CommoditiesOil slips 3% to a 12-day low as U.S.-Iran tensions persist

CommoditiesIndonesia, Malaysia and Singapore pledge to keep Malacca Strait open

CommoditiesIndia faces higher crude costs as Hormuz shipping rates jump

CommoditiesJapan expects lower oil imports but will not add reserve releases

Sources

MarketWatchOil prices decline as investors brush aside Bessent’s ‘economic D-Day’ for Iran

Commodities

Oil prices fall about 3% as investors downplay Iran risk

More like this

Sources

Get the close, explained.