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EnergyMedium impactPre-market

Crude oil prices steady amid US-Iran peace talks

pre-market1 source ↓written by the desknot a recommendation

rising
0.9%
$102.15/bbl
1.2%
$96.20/bbl
drop the previous
7%

Crude oil prices stabilized on 7 May, with Brent crude rising 0.9% to $102.15/bbl and WTI up 1.2% to $96.20/bbl. This recovery follows a 7% drop the previous day as investors weigh the potential for a US-Iran peace agreement. MCX crude also mirrored this trend, climbing to ₹9,040 per barrel.

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 8 May 2026, 07:08 IST.

Sourcesnews.google.com

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