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Market Impact: 0.4

Oil Headed For Steep Monthly Loss

Energy Markets & PricesGeopolitics & WarTrade Policy & Supply Chain

Oil prices fell on Tuesday and are on track for a second month of declines as uncertainty grows over whether the U.S. and Iran will hold talks in Qatar. Diverging statements from both sides increased risk-off sentiment, keeping crude under pressure despite the potential for de-escalation.

Analysis

Oil prices fell on Tuesday and are on track for a second month of declines as uncertainty grows over whether the U.S. and Iran will hold talks in Qatar. Diverging statements from both sides increased risk-off sentiment, keeping crude under pressure despite the potential for de-escalation.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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