Crude oil prices have moved lower on Thursday, partly offsetting the gains from yesterday’s session, as expectations of a possible de-escalation in the U.S.-Iran conflict heightened after U.S. Vice President JD Vance urged Iran to return to negotiations soon. Separately, Qatar is pressing Iran to reach a negotiatory framework with the U.S.
WTI Crude Oil for December delivery was last seen trading down by $0.79 (or 0.77%) at $101.99 per barrel.
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Market Analysis
Crude Oil Dips As JD Vance Pushes For Diplomacy To End U.S.-Iran Crisis
2026-10-29 18:40:29
