# Oil prices little changed but set for steepest monthly and quarterly losses since 2020 By Reuters

> Oil prices were roughly flat on June 30 but were headed for their biggest monthly and quarterly losses since early 2020. Brent settled at $72.92 and WTI at $69.50, both close to pre-war levels, as stranded tankers returned to the market.

- Date: 2026-06-30 · published 2026-06-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/18996-oil-prices-little-changed-but-set-for-steepest-monthly-and-quarterly-losses
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Prices near pre-war levels show the Iran war premium has largely unwound, which lowers energy costs for feed production and transport. Morgan Stanley's projected 2027 surplus points to a lasting softening in crude.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- investing.com: https://www.investing.com/news/commodities-news/oil-falls-as-investors-focus-on-potential-iranus-talks-in-doha-4766794

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