Crude benchmarks slipped in early Friday trading as investors weighed signs of easing geopolitical risk in the Middle East, where a 10-day ceasefire between Lebanon and Israel has taken hold and potential weekend talks between the U.S. and Iran were flagged. Futures for Oil – Brent Crude and Oil – US Crude moved lower, reflecting a partial unwinding of the recent conflict-driven risk premium.
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Over the past month, Brent has lost about 1.76%, while U.S. crude is down roughly 0.38%, suggesting a modest pullback after earlier gains tied to supply concerns. On a one-day view, Brent shows a Buy signal versus a Hold stance for WTI, indicating some short-term technical support for Brent even as broader sentiment is shaped by diplomatic developments. Investors can explore more updates, prices, and analysis across global markets at Commodities.