Oil Prices Fall Ahead of US-Iran Talks; Weekly Prices Close Lower
Oil prices declined as negotiations between the US and Iran approached. West Texas Intermediate crude for May delivery fell 1.3% to $96.57 a barrel in New York. Brent crude for June delivery dropped 0.8% to $95.20 a barrel in London.
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- 📰 Published: April 11, 2026 at 07:33
- 🔍 Collected: April 11, 2026 at 12:00 (4h 27m after Published)
- 🤖 AI Analyzed: April 11, 2026 at 12:59 (58 min after Collected)
In New York, the price of West Texas Intermediate crude for May futures fell by 1.3%, closing at $96.57 per barrel. In London, the price of North Sea Brent crude for June futures decreased by 0.8%, closing at $95.20 per barrel. These price movements occurred as negotiations between the US and Iran were imminent. (Compiled by Xu Rui-cheng) (Date: 1150411)
FAQ
What caused the oil prices to fall?
Oil prices fell as negotiations between the US and Iran were imminent.
What was the closing price for West Texas Intermediate crude in New York?
The closing price for West Texas Intermediate crude for May futures in New York was $96.57 per barrel.
What was the percentage decrease for West Texas Intermediate crude?
West Texas Intermediate crude for May futures fell by 1.3%.
What was the closing price for Brent crude in London?
The closing price for North Sea Brent crude for June futures in London was $95.20 per barrel.
What was the percentage decrease for Brent crude?
Brent crude for June futures dropped by 0.8%.