Crude Oil Slips to End Week -- Market Talk

Dow Jones06-21

1556 ET - Crude oil futures settle slightly lower, closing down 0.3% to $74.93 a barrel. The two-week timeframe given by President Trump to decide what to do with Iran was a chief reason that investors took a break from driving oil futures higher. But indications of Israel and Iran buckling down for a prolonged incursion allowed for futures to pare losses closer to the session's close. How trading proceeds from here is uncertain, says Rystad Energy in a note. "The coming days will be critical for market participants, who must choose between moving early or waiting to see how the situation evolves," says the firm. Brent crude settles down 2.3% to $77.01 a barrel. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

June 20, 2025 15:56 ET (19:56 GMT)

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