June WTI crude fell 0.36 (-0.38%) to turn lower after earlier gains, while June RBOB gasoline declined 0.0073 (-0.22%). Prices weakened after Pakistan said a second round of US-Iran peace talks is expected, easing some geopolitical risk premium. The move is modest and appears sentiment-driven rather than a shift in physical supply-demand fundamentals.
June WTI crude fell 0.36 (-0.38%) to turn lower after earlier gains, while June RBOB gasoline declined 0.0073 (-0.22%). Prices weakened after Pakistan said a second round of US-Iran peace talks is expected, easing some geopolitical risk premium. The move is modest and appears sentiment-driven rather than a shift in physical supply-demand fundamentals.
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mildly negative
Sentiment Score
-0.18
