Crude Settles Lower With Market Focus on Iran -- Market Talk

Dow Jones
Feb 11

1502 ET - Crude futures post modest declines with the market appearing on hold, awaiting further talks between the U.S. and Iran while Israeli Prime Minister Benjamin Netanyahu visits Washington to make Israel's position known. In its latest oil market forecast, the EIA said it assumes Iranian oil production will remain stable, but acknowledges "that actions targeting oil infrastructure or a conflict that affects flows through Strait of Hormuz could obviously reduce Middle East oil production and exports." WTI settles down 0.6% at $63.96 a barrel and Brent falls 0.3% to $68.80 a barrel. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

February 10, 2026 15:02 ET (20:02 GMT)

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