Crude prices drop after Trump says Iran wants to negotiate
ReutersJun 18, 2025 2:24 PM
Crude prices turn negative after U.S. President Trump said Iran has reached out and wants to negotiate
Brent crude futures LCOc1 down 0.2% at $74.31/barrel; U.S. West Texas Intermediate crude CLc1 down 0.1% at $74.66/barrel O/R
Both contracts rose 4% in the previous session
Shares of U.S. oil majors Exxon Mobil XOM.N and Chevron CVX.N reversed course, down 0.07% and 0.20% respectively
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