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Market Impact: 0.35
Crude Prices Tumble on Signs of Easing US-Iran Hostilities
Source: Nasdaq
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
WTI crude oil for October (CLV26) is down 2.55 (-3.0%) and October RBOB gasoline (RBV26) is down 0.0183 (-0.62%), extending Monday’s selloff to fresh 1-week lows. Prices declined after a report that the US would be returning diplomats to the Middle East, adding geopolitical risk pressure to energy sentiment.
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mildly negative
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