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MarketWatch
MarketWatch
US · 1 hrs ago
72◉ Centre
Oil prices tumble most since 2020 in May without hitting $200 a barrel. Here’s what’s next.
72Quality
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AI Analysis
Quality 72/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Global oil prices fell sharply by over 20% in May, driven by optimism about potential U.S.-Iran peace negotiations, preventing prices from reaching $200 per barrel.

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Oil prices tumble most since 2020 in May without hitting $200 a barrel. Here’s what’s next.
Global oil prices tumbled over 20% in May on hopes for the U.S.-Iran peace deal.
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