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Brent Oil - Brent Crude Slips Toward $104 As Trump Signals 'Great Progress' On Iran Deal

06-05-2026 02:30

Brent crude drifted toward $104 a barrel after tumbling 4% in the previous session, while West Texas Intermediate hovered near $100.

Oil slides on report of peace deal progress

Oil prices fell sharply on increased investor hopes for a peace deal between the U.S. and Iran.

Oil Price Forecast: Brent and WTI Eye Breakout as Fuel Shortage Risk Grows

Oil prices pulled back after Monday’s rally, but U.S.-Iran tensions, Strait of Hormuz risks, tight fuel supplies, and bullish Brent and WTI technical setups keep the breakout outlook alive.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. Says Ceasefire Remains In Place

A Beginner’s Guide to SMA and EMA Trading Strategies Natural gas pulls back amid profit-taking. WTI oil moved lower as U.S. indicated that ceasefire was in place despite Iran's attacks on the United ...

Crude Oil Price On May 5: Brent Crude Climbs To $112 As Petrol Price Hike Is On Cards In India

As the Brent Crude prices climb to $112, fresh report claims that the petrol and diesel price hike is on the cards.

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