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Market watches US inventories and US-Iran peace talks; international oil prices hold steady

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AI Summary (NQ-processed)

International oil prices remained mostly steady today as the market observed signs of rapidly declining US crude inventories and the possibility of renewed US-Iran negotiations.

AI Analysis

Frequently Asked Questions

Q: Why did international oil prices remain basically steady today according to the news?
A: They held steady as the market observed declining US crude oil inventories and possible US-Iran peace talks.
Q: What was the May settlement price for West Texas Intermediate crude per barrel?
A: It rose one cent, or 0.01%, to close at $91.29 per barrel on the New York Mercantile Exchange.
Q: What was the June delivery price for Brent crude oil in London per barrel?
A: It rose fourteen cents, or 0.15%, closing at $94.93 per barrel in London.
Q: Who is the compiler of this specific news report from Central News Agency?
A: The compiler of this news report from Central News Agency is Yang Weijing.
Q: Which exchange handled the West Texas Intermediate crude oil transactions?
A: The transactions for West Texas Intermediate crude oil were handled on the New York Mercantile Exchange.