๐๐๐ ๐๐๐ ๐ ๐๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐
Oil prices declined on Friday as hopes for progress in USโIran talks eased immediate concerns about Middle East supply disruptions. However, Hurricane Isaias continues to threaten US Gulf oil production, limiting the potential downside.
๐ WTI MARKET SNAPSHOT
WTI Crude: $92.85/barrel
Daily Change: -$1.08 (-1.18%)
Brent Crude: $102.58/barrel
US Gulf Oil Production Shut In: ~1.3 million barrels/day (62.9%)
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