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8.4

WTI drops 3.5% to $98.91 after breaching $100 on Iran war fears

WTI crude fell 3.5% to $98.91/barrel in early Friday trading, pulling back after closing above $100 on Thursday amid escalating conflict with Iran. The decline suggests profit-taking or easing of immediate supply fears, but volatility remains high as the war situation is unresolved.

Proceso Digital4 days agoUS, IRCredibility 22%View source

Score Breakdown

Mosaic Score8.4
Confidence0.5
Significance0.8
Source credibility0.2

Intelligence Tags

#oil#wti#iran#war#energy-markets#volatility

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