MoneyWorks4Me

Crude oil futures settle lower on Friday

11 Jul 2026 Evaluate

Crude oil futures settled lower on Friday as efforts by third-party mediators to bring the U.S. and Iran back to the negotiating table intensify, while the Middle East remained free from any new U.S. versus Iran attacks for the past 24 hours.  

Benchmark crude oil futures for August delivery decreased by $0.67 or 0.93% to settle at $71.41 a barrel on the New York Mercantile Exchange. Brent crude for September delivery fell by $0.29 or 0.38% to settle at $76.01 a barrel on the New York Mercantile Exchange.


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