INPEX CORPORATION falls for second day as WTI crude declines on U.S.-Iran peace deal expectations

INPEX CORPORATION <1605> extended its losses for a second straight session. On Friday, West Texas Intermediate (WTI) crude futures for July delivery fell $1.54 to $87.36 a barrel. U.S. President Donald Trump posted on Friday that he would hold a meeting to make a final decision on negotiations to end hostilities with Iran. The move fueled expectations for progress in U.S.-Iran talks, dragging crude prices lower. However, lingering uncertainty over a final accord kept WTI trading in the $89 range during Asian electronic sessions on Monday morning.

Source: MINKABU PRESS

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