Updated Aug. 13, 2026 5:12 pm ET
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(4 min)
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1459 ET – Crude futures settle lower after a string of gains with the U.S. and Iran both claiming to have control over the strategic Strait of Hormuz. “The stalemate in crude price movements comes at a time when we see no horizon for a return of constructive diplomatic momentum or a return to broad escalation, at least in the very short term,” XS.com senior market ******* yst Samer Hasn says in a note.That will keep the region “in a state of no peace and no war,” he says, with the possibility of major escalation keeping the risk premium high. The IEA’s and OPEC’s lowering of their demand forecasts, and the unexpectedly large build last week in U.S. crude inventories, could prevent sharp rises in oil prices, he adds. WTI settles down 2.4% at $81.25 a barrel and Brent falls 2.1% to $87.07. (anthony.harrupwsj.com)
#talks #energy #utilities #published
Listen
(4 min)
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1459 ET – Crude futures settle lower after a string of gains with the U.S. and Iran both claiming to have control over the strategic Strait of Hormuz. “The stalemate in crude price movements comes at a time when we see no horizon for a return of constructive diplomatic momentum or a return to broad escalation, at least in the very short term,” XS.com senior market ******* yst Samer Hasn says in a note.That will keep the region “in a state of no peace and no war,” he says, with the possibility of major escalation keeping the risk premium high. The IEA’s and OPEC’s lowering of their demand forecasts, and the unexpectedly large build last week in U.S. crude inventories, could prevent sharp rises in oil prices, he adds. WTI settles down 2.4% at $81.25 a barrel and Brent falls 2.1% to $87.07. (anthony.harrupwsj.com)
#talks #energy #utilities #published
28 days ago
