COMMODITY
Crude oil futures end lower on Thursday
May-22-2026

Crude oil futures settled lower on Thursday as traders were more optimistic about a potential resolution to the Middle East conflict. The report said that exchanges of messages between Iran and the US through Pakistan's mediation remain ongoing as efforts continue to reach a framework agreement, with some differences yet to be settled. 

Benchmark crude oil futures for July delivery decreased by $1.91 or 1.94% to settle at $96.35 a barrel on the New York Mercantile Exchange. Brent crude for July delivery was down by $2.44 or 2.32% to settle at $102.58 a barrel on the New York Mercantile Exchange.


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