{"id":4464,"date":"2026-04-17T14:55:26","date_gmt":"2026-04-17T09:25:26","guid":{"rendered":"https:\/\/banitoday.com\/oil-prices-oil-prices-today-crude-falls-in-early-trade-on-hopes-of-easing-middle-east-conflict\/"},"modified":"2026-04-17T14:55:26","modified_gmt":"2026-04-17T09:25:26","slug":"oil-prices-oil-prices-today-crude-falls-in-early-trade-on-hopes-of-easing-middle-east-conflict","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/oil-prices-oil-prices-today-crude-falls-in-early-trade-on-hopes-of-easing-middle-east-conflict\/","title":{"rendered":"Oil Prices: Oil prices today: Crude falls in early trade on hopes of easing Middle East conflict"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-130321115,imgsize-1275882,width-400,height-225,resizemode-4\/untitled-design-2026-04-17t080000.jpg\" alt=\"Oil prices today: Crude falls in early trade on hopes of easing Middle East conflict\" title=\"&lt;p&gt;Representative image&lt;\/p&gt;\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Oil prices fell in early trade on Friday, extending losses as optimism grew that the Middle East conflict may be nearing an end following a 10-day ceasefire between Israel and Lebanon and fresh signals of possible US-Iran talks over the weekend.<span class=\"id-r-component br\" data-pos=\"2\"\/>Brent crude futures declined $1.34, or 1.35%, to $98.05 a barrel, while US West Texas Intermediate (WTI) crude fell $1.65, or 1.74%, to $93.40, trimming gains from the previous session.<span class=\"id-r-component br\" data-pos=\"4\"\/> <span class=\"id-r-component br\" data-pos=\"6\"\/><\/p>\n<div class=\"wLCOS vdo_embedd\">\n<div class=\"ap_Bf\">\n<div class=\"ZM4zO\">\n<p><i class=\"bo2C4\"\/> <span>Watch<\/span><\/p>\n<p> <!-- -->India May Face Oil Supply Pressure As US Ends Russian Crude Waiver, Says Bessent<\/div>\n<\/div>\n<\/div>\n<p> <span class=\"id-r-component br\" data-pos=\"9\"\/><\/p>\n<p><h3>Ceasefire, diplomacy drive sentiment<\/h3>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"11\"\/>Markets were buoyed by signs of diplomatic progress, with US President Donald Trump indicating that Washington and Tehran could resume talks soon. \u201cWe&#8217;re going to see what happens. But I think we&#8217;re very close to making a deal with Iran,\u201d Trump said on Thursday.<span class=\"id-r-component br\" data-pos=\"15\"\/>Addressing a key sticking point, Trump said Tehran had offered not to possess nuclear weapons for more than 20 years, raising hopes of a breakthrough in negotiations aimed at ending the war.<span class=\"id-r-component br\" data-pos=\"17\"\/>According to Reuters, US and Iranian negotiators are now focusing on a temporary memorandum rather than a comprehensive peace deal, in a bid to prevent a return to conflict.<span class=\"id-r-component br\" data-pos=\"19\"\/><\/p>\n<p><h3>Supply disruption concerns remain<\/h3>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"21\"\/>Despite easing prices, concerns over supply disruptions persist. The conflict has shut the Strait of Hormuz for seven weeks, choking off roughly one-fifth of the world\u2019s oil supply. <span class=\"id-r-component br\" data-pos=\"25\"\/>As per Reuters, analysts at ING estimate that about 13 million barrels per day of oil flows have been disrupted.<span class=\"id-r-component br\" data-pos=\"27\"\/>Oil prices had surged nearly 50% in March during the peak of the crisis and, although they have fallen below the $100 mark recently, they have largely remained in the $90 range this week.<span class=\"id-r-component br\" data-pos=\"29\"\/>Crude prices are expected to fluctuate between $80 and $100 until a durable peace deal is reached and normal navigation through the Strait of Hormuz resumes.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/oil-prices-today-17-april-2026-crude-falls-in-early-trade-on-hopes-of-easing-middle-east-conflict\/articleshow\/130321013.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell in early trade on Friday, extending losses as optimism grew that the Middle East conflict may be nearing an end following a 10-day ceasefire between Israel and Lebanon and fresh signals of possible US-Iran talks over the weekend.Brent crude futures declined $1.34, or 1.35%, to $98.05 a barrel, while US West Texas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-4464","post","type-post","status-publish","format-standard","has-post-thumbnail"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/4464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=4464"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/4464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/4465"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=4464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=4464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=4464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}