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Oil prices drop on hopes of renewed U.S.-Iran talks
['Stan Choe']
Transport Topics
(Razieh Poudat/ISNA via AP)Key Takeaways: Oil prices extended their declines as the U.S. and Iran refrained from strikes in their on-again, off-again war.
Oil prices, meanwhile, are easing further from the two-month high they hit last week.
Oil prices extended their declines as the U.S. and Iran refrained from strikes in their on-again, off-again war.
The majority of the U.S. market rose after more companies delivered stronger profits for the spring than analysts expected.
Lower oil prices helped to ease Treasury yields in the bond market.