⛏Crude Oil WTI Futures
WTI
▼ NegativeSupplyrelevance
Crude oil prices dropped following US-Iran ceasefire, reducing supply concerns.
Impact on assets 1
Others
The US Department of Labor announced on the 14th that the Consumer Price Index for June rose 3.5% from the same month a year earlier. The pace of increase slowed from the previous month, reflecting a drop in crude oil prices following the signing of a ceasefire memorandum by the US and Iran. On a month-on-month basis, prices fell 0.4%.
Crude oil prices dropped following US-Iran ceasefire, reducing supply concerns.