WTI and Brent intraday advances narrowed to about 1% after an Iranian Foreign Ministry spokesperson said negotiations with the United States could move forward based on national interests.
WTI crude and Brent crude pulled back after an Iranian Foreign Ministry spokesperson said talks with the United States could proceed based on national interests, a signal the report framed as a renewed glimmer for Middle East peace. Bitget market data showed the two oil benchmarks trimmed their intraday gains to about 1%, with WTI at $83.16 a barrel and Brent at $87.63 a barrel.