Oil Futures Recover Ground After Selloff -- Market Talk

Dow Jones03-24

0903 ET - Oil futures are picking up some lost ground following yesterday's selloff on signs the U.S. is seeking a negotiated end to war with Iran. The market will still be demanding progress in reopening the Strait of Hormuz, and even then time will be needed to repair oil infrastructure in the Persian Gulf, Ritterbusch & Associates says in a note. The "vastly overbought" market condition was relieved by yesterday's selloff, which left money managers and funds in a position to reload into the long side "should attempts fail by the White House toward diplomacy," the firm adds. WTI is up 4.3% at $91.89 a barrel and Brent is up 3.1% at $103.05 a barrel.(anthony.harrup@wsj.com)

(END) Dow Jones Newswires

March 24, 2026 09:03 ET (13:03 GMT)

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WTI is up 4.3% at $91.89 a barrel and Brent is up 3.1% at $103.05 a barrel.(anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 09:03 ET (13:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621780067","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621780067","pubTimestamp":1774357380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0903 ET - Oil futures are picking up some lost ground following yesterday's selloff on signs the U.S. is seeking a negotiated end to war with Iran. 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