Oil Prices Down 2% as Markets Scramble for Clarity

Halliburton Drops After Reporting Lowest Sales Since 2022

Halliburton Co., the world’s largest provider of hydraulic fracturing services, fell sharply in early trading after posting first-quarter results that gave investors little insight into the company’s outlook amid lower crude prices.

Oil Prices Down 2% as Markets Scramble for Clarity

Crude oil prices fell sharply on Monday, with Brent and West Texas Intermediate (WTI) futures declining nearly 3% as markets reacted to perceived progress in U.S.-Iran nuclear negotiations and mounting concerns over global demand.

The price of Texas intermediate oil (WTI) fell by 2.47% this Monday, to $63.08 a barrel, with operators watching over the talks between Iran and the U.S. over the nuclear program of the first. The entry Texas oil drops by 2.47% attentive to the talks between Iran and the U.S. was first published in Digital Process.

Oil Slips on Risk-Off Mood, Fed Uncertainty

WTI crude dropped 2.5% on demand fears and rising global economic uncertainty.

Crude Prices Fall as Risk-Off Sentiment Weighs on Commodities

May WTI crude oil (CLK25 ) Monday closed down -1.60 (-2.47%), and May RBOB gasoline (RBK25 ) closed down -0.0335 (-1.60%). Crude oil and gasoline prices on Monday settled moderately lower. Monday's plunge in equity markets sparked risk-off sentiment in asset markets and weighed on energy prices. Also, the ongoing...

Ongoing negotiations between the US and Iran over China's nuclear program and threats caused the commodity to fall