Oil set for steepest quarterly loss since 2020 as traders focus on U.S.-Iran talks

Oil prices slipped Tuesday and are on track for their biggest quarterly loss since early 2020, as investors weigh the outlook for U.S.-Iran talks in Doha. The move comes against a backdrop of a strained interim ceasefire in the four-month-old war, keeping supply-and-demand expectations fragile.

Analysis

Oil prices slipped Tuesday and are on track for their biggest quarterly loss since early 2020, as investors weigh the outlook for U.S.-Iran talks in Doha. The move comes against a backdrop of a strained interim ceasefire in the four-month-old war, keeping supply-and-demand expectations fragile.