Oil prices slip on teetering Iran ceasefire as Trump heads to China
- Posted on May 13, 2026
- By Business News Today
- 0 Views
- 1 min read
Oil prices slip on teetering Iran ceasefire as Trump heads to China
Oil prices dipped as investors awaited developments on the Iran ceasefire and President Trump's summit with China's Xi Jinping. Brent crude futures fell to $106.95 a barrel, and WTI futures to $101.52. The ongoing conflict and supply disruptions are expected to keep oil prices above $80 for the year.
