Oil futures fall further below $100 on hopes of peace deal

Site SearchClearSEARCHAdvanced Search ➔Search ResultsSymbolsNo results foundAll NewsArticlesVideoPodcasts0 ResultsNo Results FoundAuthorsNo results foundSectionsNo results foundColumnsNo results found Futures MoversOil futures fall further below $100 on hopes of peace dealIEA now expects demand destruction this yearPublished: April 14, 2026 at 5:55 a.m. ETShareResizeThe International Energy Agency said it predicts oil demand will decline by 1.5 million barrels per day in the second quarter. Photo: Justin Sullivan/Getty ImagesOil futures on Tuesday fell further below $100 as hopes rise that the U.S. and Iran may soon reach a peace deal.

West Texas Intermediate CL.1 CLK26, the U.S. benchmark, declined by almost 3% to $96.49, while Brent crude BRN00 BRNM26, the international benchmark, fell by 0.8% to $98.56 a barrel. About the Author Nora RedmondNora Redmond is a MarketWatch reporter based in London.Show Conversation (0) Back To TopA Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.Terms of UsePrivacy NoticeCookie NoticeArchive MarketwatchCustomer CenterContact UsNewslettersNewsroom RosterVirtual Stock ExchangeMarketWatch GuidesCopyright PolicyManage NotificationsCancel My SubscriptionCompanyDow JonesCode of ConductCorrectionsReprints & LicensingDigital Self ServiceYour Ad ChoicesCorporate SubscriptionsAccessibilityDow Jones NetworkThe Wall Street JournalBarron'sInvestor's Business DailyFinancial News Londonrealtor.comMansion GlobalDow Jones Smart MoneyIntraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.