Market watches US inventories and US-Iran peace talks; international oil prices hold steady
Key facts
- Market watches US inventories and US-Iran peace talks; international oil prices hold steady
- International oil prices remained mostly steady today as the market observed signs of rapidly declining US crude inventories and the possibility of renewed US-Iran negotiations.
- Source: PR Times
- Date: April 16, 2026
Direct answer
International oil prices remained mostly steady today as the market observed signs of rapidly declining US crude inventories and the possibility of renewed US-Iran negotiations.
- Citation
- Market watches US inventories and US-Iran peace talks; international oil prices hold steady (April 16, 2026), PR Times
- Source
- PR Times
- Date
- April 16, 2026
International oil prices remained mostly steady today as the market observed signs of rapidly declining US crude inventories and the possibility of renewed US-Iran negotiations.
📋 Article Processing Timeline
- 📰 Published: April 16, 2026 at 06:31
- 🔍 Collected: April 16, 2026 at 07:01 (30 min after Published)
- 🤖 AI Analyzed: April 19, 2026 at 07:58 (72h 56m after Collected)
Central News Agency
(CNA New York, 15th, Comprehensive Foreign Dispatch) As the market observed signs of a rapid decline in US crude oil inventories, along with the possibility of the US and Iran restarting negotiations to end the war, international oil prices remained basically steady today.
The May settlement price for West Texas Intermediate (WTI) crude on the New York Mercantile Exchange rose 1 cent, or 0.01%, to close at $91.29 per barrel.
The June delivery price for Brent crude oil in London rose 14 cents, or 0.15%, closing at $94.93 per barrel. (Compiler: Yang Weijing) 1141217
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FAQ
What factors influenced the stability of international oil prices in the market?
The market observed signs of a rapid decline in US crude oil inventories and the potential restart of US-Iran peace negotiations.
What was the closing price of May West Texas Intermediate (WTI) crude oil?
The May settlement price for West Texas Intermediate crude on the New York Mercantile Exchange closed at $91.29 per barrel.
By how much did the May West Texas Intermediate (WTI) crude price rise?
The May settlement price for West Texas Intermediate crude rose by 1 cent, which represents an increase of 0.01 percent.
What was the final closing price for Brent crude oil for June delivery?
The June delivery price for Brent crude oil in London rose 14 cents, or 0.15 percent, to close at $94.93 per barrel.
Which agency dispatched this news report from New York on the 15th?
This news report was dispatched by the Central News Agency, abbreviated as CNA, from New York on the 15th of the month.