June WTI crude (CLM26) is down $3.36 (-3.53%) and June RBOB gasoline (RBM26) is down $0.0862 (-2.49%) as traders price in a potential US-Iran peace deal. The move extends a second straight day of sharp losses in energy futures, reflecting lower geopolitical risk premiums. Markets are waiting for further updates, but the tone is clearly risk-off for oil and gasoline.
June WTI crude (CLM26) is down $3.36 (-3.53%) and June RBOB gasoline (RBM26) is down $0.0862 (-2.49%) as traders price in a potential US-Iran peace deal. The move extends a second straight day of sharp losses in energy futures, reflecting lower geopolitical risk premiums. Markets are waiting for further updates, but the tone is clearly risk-off for oil and gasoline.
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moderately negative
Sentiment Score
-0.45
