# Latest Oil Market News and Analysis for April 10 - Bloomberg

> West Texas Intermediate settled below $97 a barrel after falling 1.3% and was down about 13.4% for the week, its biggest retreat in six years. Brent ended the session near $95 ahead of highly anticipated US-Iran talks.

- Date: 2026-04-09 · published 2026-04-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6901-latest-oil-market-news-and-analysis-for-april-10-bloomberg
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The session reflects routine price moves ahead of diplomatic talks with no new supply change. Feed costs are unaffected beyond the existing energy price trend.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WTI | 2026-04-09 | 5 | -12.5% | -3.1 | Confirms WTI fell about 13.4% on the week, the largest weekly retreat in six years, matching the move. |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-04-09/latest-oil-market-news-and-analysis-for-april-10

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