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WTI falls $1/bbl ahead of US-Iran talks

ReutersFeb 4, 2026 11:14 PM

- U.S. West Texas Intermediate crude CLc1 prices fell on Thursday after the U.S. and Iran agreed to hold talks in Oman on Friday despite remaining differences about the talk's agenda.

WTI fell $1 per barrel, or 1.6%, to $64.13 per barrel, at 2308 GMT. Oil prices surged about 3% on Wednesday after a media report suggested planned talks between the United States and Iran on Friday could collapse.

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