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WTI crude falls below $80 as oil prices drop amid easing Middle East supply fears.

Market News
24 Jun 2026
FXEmpire
View Source
Bearish
pluang ai news

WTI crude oil prices have fallen below $80, driven by reduced geopolitical risks following a U.S.-Iran peace agreement that eases supply concerns through the Strait of Hormuz. Brent crude is also under pressure, approaching support levels around $68-$74. The decline reflects a fading war premium and expectations of restored Middle Eastern oil flows, with technical indicators signaling continued bearish momentum. Prices may stay low unless a clear reversal occurs, as traders focus more on actual supply than geopolitical risks.

More News

Global Therapeutic Apheresis Market to nearly double to $8.94B by 2035 with 7.9% CAGR driven by chronic disease demand.

Global Therapeutic Apheresis Market to nearly double to $8.94B by 2035 with 7.9% CAGR driven by chronic disease demand.

The global therapeutic apheresis market, valued at $3.84 billion in 2025, is projected to grow to $8.94 billion by 2035 at a 7.9% CAGR. Growth is fueled by rising chronic and autoimmune diseases, advances in automated apheresis technology, and expand...

Market News
Bullish
2 hours ago
Aduro Clean Technologies raises C$9.16M in private placement to fund tech development and operations.

Aduro Clean Technologies raises C$9.16M in private placement to fund tech development and operations.

Aduro Clean Technologies completed a private placement raising approximately C$9.16 million by selling 431,884 common shares at C$21.20 each. The funds will support technology development, marketing, working capital, and general corporate purposes. T...

Company Fundamentals
Bullish
2 hours ago
Aduro Clean Technologies closes C$9.16M private placement to fund tech development and commercialization.

Aduro Clean Technologies closes C$9.16M private placement to fund tech development and commercialization.

Aduro Clean Technologies completed a private placement raising C$9.16 million by selling 431,884 shares at C$21.20 each. The funds will support technology development, marketing activities, working capital, and general corporate needs. The offering w...

Company Fundamentals
Bullish
2 hours ago
Mesoblast secures $50M from a new 5-year loan to retire costly short-term debt and fund growth.

Mesoblast secures $50M from a new 5-year loan to retire costly short-term debt and fund growth.

Mesoblast Limited has drawn $50 million from a new five-year loan facility provided by a shareholder, replacing higher-cost short-term debt. This move strengthens Mesoblast's balance sheet by lowering interest costs and removing short-term obligation...

Company Fundamentals
Bullish
3 hours ago
Abracadabra hikes rates to tackle Magic Internet Money stablecoin's sharp drop below $1

Abracadabra hikes rates to tackle Magic Internet Money stablecoin's sharp drop below $1

Abracadabra has implemented emergency interest rate hikes across all its lending markets after its stablecoin, Magic Internet Money (MIM), fell sharply to around $0.50, well below its $1 peg. The protocol aims to encourage borrowers to repay their de...

Market News
Bearish
4 hours ago
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