Extending the losses from Thursday’s session, crude oil prices have declined sharply on Friday as efforts by third-party mediators to bring the U.S. and Iran back to the negotiating table intensify while the Middle East remained free from any new U.S. versus Iran attacks for the past 24 hours.

WTI Crude Oil for August month delivery was last seen trading down by $0.75 (or 1.04%) at $71.33 per barrel.

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Market Analysis




Crude Oil Moves Lower As Middle East Tensions Gradually Ease

2026-07-10 18:38:22

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