• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Oil falls for a second day after Iran's gesture to ease tensions with the US

FinanceInternationalXTB.com30 s readAI summary
Image: XTB.com

Brent and WTI prices extended their declines for a second consecutive day after Iran's government signaled willingness to ease tensions with the United States. Brent neared $117 overnight and then retreated quickly following remarks attributed to Mojtaba Khamenei, who asked for guarantees to end the attacks. WTI stands around $100.99 per barrel. The drop boosted Nasdaq 100 futures (0.3%) and Stoxx Europe 600 futures (0.2%), while the 10-year US Treasury yield fell two basis points to 4.97%.

In 30 seconds

  • Brent neared $117 overnight and fell quickly after the Iranian statement
  • WTI stands around $100.99 per barrel, away from $105
  • Nasdaq 100 futures rise 0.3% and Stoxx Europe 600 futures 0.2%
Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading