COMMODITY
Crude oil futures end lower on Tuesday
Mar-11-2026

Crude oil futures ended lower on Tuesday amid signs of a possible easing of oil sanctions and comments from U.S. President Donald Trump suggesting that the ongoing U.S-Israel versus Iran war could end soon. The conflict has been keeping oil prices at sky-high levels in the recent weeks. Traders took a note of report that the International Energy Agency (IEA) has proposed its largest ever release of oil reserves, in an attempt to tackle the ongoing supply shortage.

Benchmark crude oil futures for April delivery fell $11.32 or 11.94% to settle at $83.45 a barrel on the New York Mercantile Exchange. Brent crude for May delivery slipped $11.16 or 11.28% to settle at $87.8 a barrel on London's Intercontinental Exchange.


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