Crude oil futures were lower and Julius Baer said that the latest jump in oil prices following the escalating conflict in the Middle East was likely to be short-lived.

Futures contracts reflect an expectation that low inventories and midterm elections are likely to push the Trump administration to try to ease tensions with Iran.

U.S. futures declined amid rising oil prices as the conflict in the Middle East intensifies ahead of the peak earnings season.

Oil futures rose again early Thursday, hitting their highest levels since June 8, after Yemen's Houthi militants said they had attacked two Saudi Arabian tankers in the Red Sea. The front-month Brent future contract,

The Dow and S&P 500 are rebounding Friday, while the Nasdaq is wavering after a report of a push for U.S.-Iran talks. Oil prices are retreating.

U. S. stock futures pointed to a firmer open on Friday as investors looked to recover from the previous session’s broad sell-off, with stronger-than-expected results from Intel and a sharp decline in oil prices helping improve market sentiment.

Oil futures rose for a third straight session as the U.S. and Iran continued strikes, while President Trump said the U.S. isn’t interested in a meeting until Iran is ready to meet in what he called “a meaningful way.

Stock futures climbed and oil prices slid after the U.S. and Iran reached a deal bringing their nearly four-month war to an end. A signing ceremony is expected to be held on Friday in Switzerland. Get personalized, AI-powered answers built on 27+ years of ...

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The turmoil is also driving up freight and insurance costs and making it more expensive to move oil and fuel around the world.