economyTuesday, June 16, 20262 sources

Asian Markets Temper US-Iran Deal Optimism as Oil Prices Plunge

Asian markets reacted with caution to the US-Iran nuclear deal, as oil prices fell to a three-month low. Brent crude futures dropped 0.3 per cent to $82.90 a barrel, but another report noted a 0.6 per cent rise to $83.74 a barrel.

Oil prices finished at a three-month low overnight, reflecting the cautious stance of Asian markets. Brent crude futures slid 0.3 per cent to US$82.90 a barrel, according to one report. However, another report stated that Brent crude futures rose 51 cents, or 0.6 per cent, to US$83.74 a barrel. The conflicting data highlights the uncertainty surrounding the US-Iran deal and its impact on global energy markets.

Where Sources Diverge

One source reported Brent crude futures sliding 0.3 per cent to US$82.90 a barrel, while another reported Brent crude futures up 0.6 per cent to US$83.74 a barrel.

cna

Oil prices finished at a three-month low overnight, with Brent crude futures sliding 0.3 per cent to US$82.90 a barrel.

cna

Oil prices settled at a three-month low overnight with Brent crude futures up 51 cents, or 0.6 per cent, at US$83.74 a barrel.

Timelines

Sources

PublicChannel News AsiaJun 16, 06:05 AM
Asian markets temper US-Iran deal optimism as oil prices plunge

Oil prices, which finished at a three-month low overnight, reflected the cautious stance, with Brent crude futures sliding 0.3 per cent to US$82.90 a barrel.

PublicChannel News AsiaJun 16, 06:05 AM
Asia markets temper US-Iran deal optimism as oil prices plunge

Oil prices settled at a three-month low overnight with Brent crude futures up 51 cents, or 0.6 per cent, at US$83.74 a barrel.