Yonhap Infomax NewsWTI crude prices fell 2.2% to $90.32 per barrel amid US-Iran ceasefire expectations and surging US commercial crude inventories, though losses were trimmed after Iran rejected the US proposal containing 15 demands including nuclear disarmament and opening the Strait of Hormuz.
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[New York Oil Price]WTI Falls 2.2% on US-Iran Ceasefire Expectations
WTI crude prices fell 2.2% to $90.32 per barrel amid US-Iran ceasefire expectations and surging US commercial crude inventories, though losses were trimmed after Iran rejected the US proposal containing 15 demands including nuclear disarmament and opening the Strait of Hormuz.