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EnergyMedium impactAfter close

Crude oil price eases to $84.8 amid US-Iran tensions

after close1 source ↓written by the desknot a recommendation

per barrel
$84.8
slipping 0.06
$79.5

Oil prices eased on 16 July 2026, with Brent crude down 0.2% to $84.8 per barrel and WTI slipping 0.06% to $79.5. After a four-session rally, investors booked profits amid ongoing US-Iran tensions, raising concerns over potential supply disruptions. However, limited immediate impacts on oil flows capped further gains.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 16 Jul 2026, 16:08 IST.

Sourcesnews.google.com

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