Crude oil prices steady as investors assess US-Iran deal
after close1 source ↓written by the desknot a recommendation
- rose
- 0.9%
- $102.15/bbl
- increased
- 1.2%
- $96.20/bbl
- climbing
- ₹9,040 per barrel
Oil prices steadied on 7 May, recovering from losses as investors evaluated the potential US-Iran peace deal. Brent crude rose 0.9% to $102.15/bbl, while WTI increased 1.2% to $96.20/bbl. MCX crude oil also mirrored this trend, climbing to ₹9,040 per barrel. Market sentiment remains cautious amid mixed signals from both nations.
Not investment advice. For informational purposes only.