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Oil Prices Fall Amid Peace Deal Hopes

Updated 2026-06-02 12:05 UTC 1 source Neutral

Oil prices declined after President Trump reassured traders about an impending peace deal. West Texas Intermediate and Brent crude contracts saw a slight drop following monthly highs.

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MarketWatch

Oil prices drop after Trump tries to reassure traders that peace deal is coming

West Texas Intermediate and Brent crude’s front-month contracts both edged lower after hitting monthly highs during Monday’s session.

2026-06-02 11:57 UTC