Brent oil futures edge lower after Trump remarks on Iran
In short
Brent oil futures were almost unchanged at $98.26 on Monday at 10.02 am after Donald Trump’s remarks on the Iran war. December WTI crude oil futures were at $91.26, up 0.47%.
The small move shows traders were cautious in early trade and did not make a big shift in oil prices.
What the reporting says
Brent oil futures were nearly flat at $98.26 on Monday at 10.02 am after remarks by Donald Trump on the Iran war. December WTI crude oil futures also moved higher to $91.26, up 0.47%. The market reaction was modest, with both contracts showing only small moves in early trade.
Why it matters
Brent oil futures were flat in early Monday trade at $98.26 after remarks by Donald Trump on the Iran war. December WTI crude oil futures were at $91.26, up 0.47%.