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Crude oil price predictions for june 2023

Brent crude nears $110 as US-Iran talks stall

FirstSquawkCNBC · 1h ago · ✓ 2 sources
YES 1% 0¢ since publish
Apr 30 Updated 4min ago

Brent crude prices are near $110 per barrel as US-Iran negotiations stall. The “Crude Oil All Time High by April 30” market sits at 1% YES, down from 2% over the past week.

Negotiations have stalled on Iran’s hard-line demands. The April 30 sub-market shows traders are skeptical about hitting an all-time high within the next six days, even with Goldman’s revised forecast. The market saw a minor spike at 5:31 AM but quickly settled back.

For the WTI Crude Oil Price in April 2026, odds of hitting $160 remain unlisted, suggesting traders don’t buy extreme short-term price moves. Total USDC traded is just $2,513, a thin market where even small trades can shift prices.

Stalled talks could mean continued supply constraints, which, if they persist, may push crude closer to an all-time high. A YES share trades at , which would pay 100x if prices reach that level. That’s a bet on a major escalation within six days.

Watch for any shifts in US-Iran talks. A sudden breakthrough or further escalation could move these markets fast. US diplomatic moves and Iranian responses are the main variables.

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