Oil futures extended losses. U.S. and Brent crude were down by $16 a barrel.

Mar 10, 2026, 5:20:51 PM UTC(2 hours ago)
Impact: Very High

Affected Assets

  • Oil futures extended losses. U.S. and Brent crude were down by $16 a barrel.
  • Oil futures are extending losses, with both U.S. and Brent crude down by $16 a barrel.
  • Prices have fallen sharply, with Brent crude down over 10% and U.S. crude down over 11% in some reports.
  • The drop follows comments from Donald Trump suggesting the war with Iran may end soon.
  • Oil prices previously spiked above $100 per barrel.
  • Market sentiment is also influenced by reports of the U.S. considering easing Russia oil sanctions.

Sources

@DeItaone
From:@DeItaone
OIL FUTURES EXTEND LOSSES, U.S. AND BRENT CRUDE DOWN BY $16 A BARREL
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Oil futures extended losses. U.S. and Brent crude were down by $16 a barrel. | Foxly Invest