Finance
US Crude Oil Futures Rise Over $1 in Early Asia Trade
Published by Global Banking & Finance Review®
Posted on March 23, 2026
1 min readLast updated: March 23, 2026
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Published by Global Banking & Finance Review®
Posted on March 23, 2026
1 min readLast updated: March 23, 2026
Add as preferred source on GoogleUS WTI crude futures rose $1.37 (1.6%) to $89.44/bbl in early Asia trading, as markets reacted to Iran denying reports of talks with the US, contradicting President Trump’s claims, and weighing broader supply risks stemming from Middle East tensions and recent attacks.
March 24 (Reuters) - U.S. crude futures rose more than $1 in early Asia trade on Tuesday as markets assessed the supply outlook after Iran denied holding talks with the United States, contradicting President Donald Trump's earlier claim that discussions were under way.
U.S. West Texas Intermediate crude futures were up $1.37, or 1.6%, at $89.44 a barrel as of 2206 GMT. The contract hit a session low of $84.37 on Monday.
(Reporting by Anmol Choubey in Bengaluru; Editing by Chris Reese)
US crude futures rose over $1 as markets reassessed the supply outlook following Iran's denial of talks with the United States.
West Texas Intermediate crude futures were up $1.37, or 1.6%, at $89.44 a barrel as of 2206 GMT.
Iran denied holding talks with the United States, contradicting Trump's earlier claim that discussions were under way.
The session low for the contract on Monday was $84.37 a barrel.
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