President Trump Indefinitely Extends the Iran Ceasefire. How Will This Impact the Oil Markets?

President Trump Indefinitely Extends the Iran Ceasefire. How Will This Impact the Oil Markets?

There's no end to the current oil market disruption in sight.

Oil Prices Spike Dramatically As Iran Ceasefire Extends, Negotiations Stall

Oil prices spiked on Wednesday, with Brent crude climbing over $100 per barrel, after President Donald Trump extended the ceasefire with Iran.A second ceasefire extension likely caused worry for investors that negotiations are not progressing, which would account for the spike. Additionally, the U.S. benchmark — West Texas Intermediate crude — rose by more than 2% to above $90 a barrel. The national average for gas prices remains near $4 per gal…

Trump Extends Ceasefire But Tensions Are Still High - Archer Financial Services

CRUDE OIL June Crude Oil was mostly steady overnight despite President Trump extending the ceasefire... The post Trump Extends Ceasefire But Tensions Are Still High appeared first on Archer Financial Services.

Trump Extends Ceasefire But Tensions Are Still High

CRUDE OIL June Crude Oil was mostly steady overnight despite President Trump extending the ceasefire... The post Trump Extends Ceasefire But Tensions Are Still High appeared first on ADMISI.

Trump Extends Ceasefire But Tensions Are Still High - ADM Investor Services

CRUDE OIL June Crude Oil was mostly steady overnight despite President Trump extending the ceasefire... The post Trump Extends Ceasefire But Tensions Are Still High appeared first on ADM Investor Services.