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Crude oil eases 2.23% in delayed data while reports differ on direction

OILRaw materials
Crude oil eases 2.23% in delayed data while reports differ on direction

Our delayed quote shows crude lower, while the reports disagree on whether prices rose or fell.

In delayed data (not live), the front-month WTI crude oil quote (the price for the nearest delivery month) was $100.97 per barrel, 2.23% below the previous close (the price when trading ended the day before).

The reports differ on direction. Some say prices eased or retreated while others say they rose. The reports do not say why they disagree.

One report ties softer prices to reduced tension over Iran, while another points to tensions keeping traders on edge. Another cites Middle East export recovery.

The reports do not say what happens next.

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Educational only, not financial advice. Numbers beside the story are from our own data.