Crude oil prices ease as tensions persist
pre-market1 source ↓written by the desknot a recommendation
- 0.2%
- per barrel
- $84.8
- slipping
- 0.06%
- $79.5
Oil prices eased on 16 July 2026 after an early rally, with Brent crude down 0.2% to $84.8 per barrel and WTI slipping 0.06% to $79.5. Investors booked profits amid ongoing US-Iran tensions, which continue to raise supply concerns but have not yet impacted physical oil flows significantly.
Traders remain cautious as geopolitical risks linger, potentially affecting future price movements.
Not investment advice. For informational purposes only.