Oil prices were broadly unchanged in early Asian trading on Thursday, as traders weighed emerging diplomatic momentum between Washington and Tehran against persistent physical tightness in crude supply. U.S. benchmark Oil – US Crude hovered near $91, while global benchmark Oil – Brent Crude traded just below $95, both still below levels seen before peace talks faltered over the weekend.
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Over the past month, Oil – US Crude has fallen about 4.9%, reflecting expectations that a successful diplomatic outcome could ease medium‑term supply risk, yet its 1‑day technical signal remains a cautious Hold. Oil – Brent Crude is down roughly 6.7% over the same period, underperforming WTI as traders factor in potential additional barrels, and its short‑term technical view is also a Hold, suggesting limited conviction on immediate direction despite ongoing volatility. Investors can explore more updates, prices, and analysis across global markets at Commodities.