July WTI crude oil fell $1.92 (-2.51%) and July RBOB gasoline dropped 2.76 cents (-0.92%) as prices reversed overnight gains. The selloff was driven by signs of progress in US-Iran peace talks, including mention of a waiver, which eased geopolitical risk premium in energy markets.
July WTI crude oil fell $1.92 (-2.51%) and July RBOB gasoline dropped 2.76 cents (-0.92%) as prices reversed overnight gains. The selloff was driven by signs of progress in US-Iran peace talks, including mention of a waiver, which eased geopolitical risk premium in energy markets.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.35
