CRUDE WRAP: WTI (J6) SETTLES USD 0.17 LOWER AT 66.31/BBL; BRENT (J6) SETTLES USD 0.27 LOWER AT 71.49/BBL

WTI and Brent crude oil prices have settled lower, indicating a potential shift in market sentiment amid ongoing geopolitical tensions, particularly between Iran and Israel.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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CRUDE WRAP: WTI (J6) SETTLES USD 0.17 LOWER AT 66.31/BBL; BRENT (J6) SETTLES USD 0.27 LOWER AT 71.49/BBL

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This decline may reflect concerns about demand amidst these tensions, which could have broader implications for inflation and the energy outlook, especially as markets monitor central bank responses to sustained volatility in commodity prices.

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