# WTI Oil eases from highs on Iran peace hopes but remains above $100.00

> WTI traded at $100.80, below Wednesday's high near $103.00 but still above $100, as US and Iranian comments raised peace hopes. The decline came on Thursday.

- Date: 2026-10-29 · published 2026-10-29T18:05:58.510Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/1442-wti-oil-eases-from-highs-on-iran-peace-hopes-but-remains-above-100-00
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Peace hopes reduce the risk premium in crude, which lowers energy costs and weakens the biofuel link for vegetable oils and corn.

## Read by commodity

- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-10 | [Oil Eyes Large Weekly Loss Amid Fragile Iran Peace Hopes](https://feedsoft.ai/events/10139-oil-eyes-large-weekly-loss-amid-fragile-iran-peace-hopes.md) | -3.2% | -1.9% |
| WTI | 2026-04-13 | [Oil prices fall as supply concerns ease on hopes for US-Iran talks - CNA](https://feedsoft.ai/events/10085-oil-prices-fall-as-supply-concerns-ease-on-hopes-for-us-iran-talks-cna.md) | -12.8% | -0.0% |
| WTI | 2026-05-29 | [Oil falls on hopes for US-Iran ceasefire agreement \| Reuters](https://feedsoft.ai/events/12485-oil-falls-on-hopes-for-us-iran-ceasefire-agreement-reuters.md) | +4.6% | -23.5% |
| WTI | 2026-10-29 | [Oil prices fall as hopes of US-Iran peace talks ease supply fears \| Commodity News - Business Standard](https://feedsoft.ai/events/253-oil-prices-fall-as-hopes-of-us-iran-peace-talks-ease-supply-fears-commodity.md) | -2.3% | — |
| WTI | 2026-10-29 | [Brent crude falls below $115, WTI near $101 as US-Iran peace hopes offset fears of growing Middle East conflict](https://feedsoft.ai/events/254-brent-crude-falls-below-115-wti-near-101-as-us-iran-peace-hopes-offset-fears-of.md) | -2.3% | — |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/wti-oil-eases-from-highs-on-iran-peace-hopes-but-remains-above-10000-202610290925

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.