Oil prices traded lower on Tuesday amid renewed hopes of U.S.-Iran talks, with reports suggesting that there could be a second round of talks to end the West Asia conflict.
Brent crude futures for June delivery fell over 1 percent to $98.31 a barrel while WTI crude futures for May delivery were down 2.2 percent at $96.93.
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Market Analysis
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.