Oil Rally Stalls as Iran Proposal Triggers Profit-Taking
OilPrice.com1 min read
Read Full Article at OilPrice.com →Ad Slot — In-Article (728x90)
Oil prices head for a weekly close below $110 after wild swings, as Iran’s negotiation proposal cools markets while uncertainty over Trump’s war-powers deadline keeps traders on edge.
Friday, May 01, 2026 Oil prices are set to close this week below $110 per barrel, marking a week of extreme volatility as Brent’s June contract hit $126 per barrel on Thursday.
This is a summary. For the full story, read the original article at OilPrice.com.
Original source: OilPrice.com