Oil benchmarks edged higher on Friday after Iran dismissed expectations of an imminent accord with the U.S., curbing recent diplomatic optimism that had weighed on prices. International marker Oil – Brent Crude advanced 0.78%, while U.S. gauge Oil – US Crude gained 0.20% to $96.54, partially retracing Thursday’s sharp pullback driven by earlier signals of negotiation progress.
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Over the past month, Oil – US Crude has risen about 6.38%, outpacing Brent’s roughly 3.46% advance and underscoring persistent supply concerns despite shifting geopolitical headlines. Short‑term technicals reflect this consolidation phase, with one‑day signals for WTI at Hold and Brent also at Hold, suggesting traders are waiting for clearer direction on Iran talks and broader demand trends before repositioning. Investors can explore more updates, prices, and analysis across global markets at Commodities.