What were the closing prices for West Texas Intermediate and North Sea Brent crude oil on the day reported?

West Texas Intermediate crude closed at $110.75 per barrel, down 0.7%, while North Sea Brent crude rose 0.2% to $109.20 per barrel.

How did the Tokyo and Seoul stock markets perform on the day of the report?

The Tokyo stock market closed up 0.6%, while the Seoul stock market rose 1.4% amid easing tensions in the Persian Gulf region.

International Oil Prices Rise Slows, Japan and South Korea Stocks Up

Q: What event caused crude oil futures to soar at the beginning of the trading session?

Crude oil futures soared initially after U.S. President Donald Trump threatened to destroy Iranian civilian facilities and demanded Tehran accept his terms for reopening Persian Gulf shipping.

Q: What factor contributed to the stabilization of investor sentiment in oil markets during the day?

Investor sentiment stabilized after Axios reported that the United States and Iran were discussing terms for a potential 45-day ceasefire with regional mediators.

Q: What did Stephen Innes of SPI Asset Management say about the market's reaction to ceasefire talks?

Stephen Innes stated that 'the market is starting to get interested in the idea of a peace dividend,' though he described it as 'a temporary recalibration' of prices.

Published Apr 6, 2026 6:53 PM ・ Updated Jun 16, 2026 11:19 PM ・ 3 min read ・ Source: CNA (Central News Agency)

International crude oil prices stabilized, leading to a rise in Japanese and South Korean stock markets. Earlier in the week, crude oil futures surged after President Trump suggested destroying Iranian civilian facilities, but the market has since regained some calm.

AFP reported that crude oil futures soared at the start of the week after U.S. President Donald Trump threatened to destroy Iranian civilian facilities and demanded that Tehran accept his proposed terms for an agreement to reopen shipping in the Persian Gulf.

However, prices fluctuated during the session, and by afternoon, West Texas Intermediate (WTI) crude fell 0.7% to $110.75 per barrel, while North Sea Brent crude rose slightly by 0.2% to $109.20 per barrel.

Analysts stated that investor sentiment stabilized after Axios reported that the United States and Iran were discussing terms for a potential 45-day ceasefire with regional mediators.

Stephen Innes of SPI Asset Management wrote that "the market is starting to get interested in the idea of a 'peace dividend'," though he added that this was merely "a temporary recalibration."

Bloomberg MLIV strategist Mark Cranfield stated that the market's reaction to the related reports "shows investors' eagerness for a de-escalation of the conflict in Iran," adding that "should President Trump dismiss hopes for a ceasefire in a speech later today, this optimism would reverse."

The Tokyo stock market closed up 0.6%, while the Seoul stock market rose 1.4%. Among other Asian markets not closed today, Singapore's stock market gained 0.4%, but Jakarta's stock market fell 0.5%. (Translator: Yang Zhaoyan) 1150406

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Source: CNA (Central News Agency)
Category: financial

International Oil Prices Rise Slows, Japan and South Korea Stocks Up

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