September futures for WTI crude oil on the New York Mercantile…
September futures for WTI crude oil on the New York Mercantile Exchange (NYMEX) fell to $82.27 per barrel at this time, down $0.21 (0.25%) from earlier levels. Oil prices surged following remarks by Trump stating that the ceasefire between the US and Iran is no longer in effect.
Consensus
- Oil prices declined on Tuesday due to developments related to U.S.-Iran tensions.
- Brent crude futures were trading at $88.65 per barrel at 8:20 Moscow time.
- U.S. and Iranian officials remained engaged in a conflict involving military actions and diplomatic overtures.
- There were reports of mediation efforts by countries including Qatar, Egypt, and Pakistan to establish a 10-day truce between the U.S. and Iran.
Points of divergence
- Oil prices surged after Trump stated that the ceasefire between the U.S. and Iran was no longer effective, with Brent crude rising to $78 per barrel from $76 within minutes. — tg_rian_ru
- Brent crude fell by $0.57 (0.64%) to $88.65 at 8:20 Moscow time, contradicting the claim of a price surge in tg_rian_ru. — interfax
Coverage (13 sources)
- Brent oil prices drop to $88.65 per barrel — Интерфакс
- Oil Prices Surge After Trump's Remarks That Ceasefire Between US and Iran Is No Longer in Effect — РИА Новости (Telegram)
- Brent crude rose by 4.33% to $77.37 per barrel — Интерфакс
- Brent crude drops to $70.35 per barrel — Интерфакс
- Brent crude trades near $72.30 per barrel — Интерфакс
- Brent crude trades near $72.90 per barrel — Интерфакс
- Trump says oil prices have fallen below pre-Iran crisis levels — Интерфакс
- Brent crude drops to $72.89 per barrel — Интерфакс
- Brent crude oil prices fell to $73.75 per barrel — Интерфакс
- Brent remains in the red and trades at $72.78 per barrel — Интерфакс
- Brent crude drops to $72.52 per barrel — Интерфакс
- Brent crude oil falls to $78.99 per barrel — Интерфакс
- Brent falls to $77.76 a barrel — Интерфакс
Key entities
- Moscow
- INTERFAX.RU
- Iran
- USA
- Donald Trump
- ICE Futures
- Ormuz Strait
- Brent
- Middle East
- Pakistan
- Qatar
- Tehran
- NYMEX
- Chris Wright
- Abbas Arakchi
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