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Crude Oil Softens Ahead of US-Iran Meeting: Price Outlook for Brent and WTI
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Crude Oil Softens Ahead of US-Iran Talks: What's Next for Prices?
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Moneycontrol
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16-02-2026, 08:13
Crude Oil Softens Ahead of US-Iran Talks: What's Next for Prices?
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Crude oil prices show softness before US-Iran meeting; Brent below $68, WTI near $63.
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US President Donald Trump's comments on Iran's regime change add pressure to talks.
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Oil prices rose nearly 10% this year due to Iran tensions, but gains pared as attack threat receded.
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International Energy Agency lowered demand growth forecast, impacting prices.
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OPEC+ members consider increasing production in April, awaiting US-Iran developments.
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