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Oil falls after US, Iran talks conclude in Doha
Oil prices dipped as Qatar reported positive progress in indirect Iran-U.S. talks concerning the vital Strait of Hormuz. Despite recent exchanges, tanker traffic is recovering, with U.S. officials noting a return to pre-war levels. This, coupled with anticipated OPEC+ output hikes and a smaller-than-expected draw in U.S. crude inventories, is fueling expectations of oversupply and pushing prices lower.
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channelnewsasia.com
Oil falls as investors focus on potential Iran-US talks in Doha
June 30 : Oil prices dropped on Tuesday, with investors eyeing the outcome of potential U.S.-Iran talks in Doha amid weekend missile fire from both sides that tested an interim…
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cnbc.com
Oil prices set for steep monthly drop as Trump, Iran issue mixed messages on talks in Qatar
The moves come as oil traders monitor the prospect of U.S.-Iran talks in Doha on Tuesday.
