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Back Fundamental analysis
The Jitters Persist
Oil prices eased slightly today after
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Oil prices eased slightly today after a steady rise, directly linked to the lack of progress in US–Iran talks.Brent crossed $107/barrel after a modest pullback in the previous session, while WTI trades around $93. Iranian officials privately expressed deep pessimism yesterday about the prospects of a ceasefire deal with Washington and a reopening of shipping through the Strait of Hormuz before the US midterm elections in November. That mood intensified after US President Donald Trump rejected a proposal to fully
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
EUR
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
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