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Market Impact: 0.35

Oil Prices Dip But Stay Close To One-month Highs

Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials

Oil prices edged slightly lower on Thursday but remained near one-month highs after Iran said it has no plans for negotiations and is focused on defense. The headline keeps geopolitical supply-risk pricing elevated, limiting downside despite the day’s softer move.

Analysis

Oil prices edged slightly lower on Thursday but remained near one-month highs after Iran said it has no plans for negotiations and is focused on defense. The headline keeps geopolitical supply-risk pricing elevated, limiting downside despite the day’s softer move.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15