Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks set for strongest quarter in years as risk appetite holds despite US-Iran war
Oil prices were heading on Tuesday for their biggest quarterly loss since the COVID-19 pandemic in early 2020, with investors eyeing potential U.S.-Iran talks in Doha amid a strained interim ceasefire in the four-month-old war.
Brent August crude futures, which expire on Tuesday, were up 0.21%, or 15 cents, at $73.30 a barrel at 1302 GMT. However, the contract was on track for a third straight monthly decline, down about 20% so far in June.
The more actively traded September contract gained 0.61%, or 45 cents, to $74.36 a barrel.
U.S. West Texas Intermediate for August rose 0.51%, or 36 cents, to $71.11 a barrel. However, the contract was down for the second straight month, by about 19%, so far in June.
Brent was down about 38% for the quarter, while U.S. West Texas Intermediate crude had fallen about 30%. Both Brent and WTI prices are close to where they were trading just before the start of the U.S.-Israel war on Iran.
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