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Crude oil slips 0.85% in delayed data while reports point to easing

OILRaw materials
Crude oil slips 0.85% in delayed data while reports point to easing

Reports give mixed reasons for the move, citing diplomacy and an attack, while our delayed quote shows crude oil lower.

Crude oil fell 0.85% in delayed data (not live), with the front-month price at $100.89 per barrel against a previous close of $101.76 (the price when trading ended the day before).

The reports differ on the cause. Some reports say prices eased as traders weighed diplomacy between the United States and Iran. One report says Brent crude oil (a separate global benchmark grade) jumped after an attack on Iran's South Pars field.

The reports do not say which factor carried more weight.

The reports do not say what happens next.

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