Brent falls to $108 a barrel as oil eases ahead of earnings

Yahoo Finance+2 · 2 hours ago
Brent falls to $108 a barrel as oil eases ahead of earnings
  • Brent crude futures fell to $108 per barrel on Oct 20, while West Texas Intermediate traded near $98 per barrel.
  • Oil prices eased as investors turned focus to earnings from SpaceX and Netflix after the close.
  • The Dow Jones Industrial Average rose 1% and the S&P 500 gained 0.3%, while the Nasdaq Composite slipped below the flatline.
  • Oil had climbed earlier in the session as strong AI-beneficiary earnings revived confidence in the tech trade.
  • A US official reiterated that President Trump has no plans to attack Iran before the mid-term elections.