---
title: "Oil pulls back despite sharp US stockpiles draw as markets monitor Iran talks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287089370.md"
description: "Crude futures extended losses, sliding as much as 4% despite a sharp drawdown in U.S. stocks and as traders continue to monitor U.S.-Iran negotiations."
datetime: "2026-05-20T15:15:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287089370.md)
  - [en](https://longbridge.com/en/news/287089370.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287089370.md)
---

# Oil pulls back despite sharp US stockpiles draw as markets monitor Iran talks

Crude futures extended losses, sliding as much as 4% despite a sharp drawdown in U.S. stocks and as traders continue to monitor U.S.-Iran negotiations.

### Related Stocks

- [OXY.US](https://longbridge.com/en/quote/OXY.US.md)
- [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md)
- [BNO.US](https://longbridge.com/en/quote/BNO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [IEO.US](https://longbridge.com/en/quote/IEO.US.md)
- [XLE.US](https://longbridge.com/en/quote/XLE.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [OIH.US](https://longbridge.com/en/quote/OIH.US.md)
- [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md)
- [XES.US](https://longbridge.com/en/quote/XES.US.md)
- [IXC.US](https://longbridge.com/en/quote/IXC.US.md)
- [VDE.US](https://longbridge.com/en/quote/VDE.US.md)
- [XOP.US](https://longbridge.com/en/quote/XOP.US.md)

## Related News & Research

- [Oil futures lose ground in early US trading](https://longbridge.com/en/news/287089289.md)
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- [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md)
- [Oil rises more than 1% after drone attack on UAE nuclear power plant](https://longbridge.com/en/news/286683769.md)
- [US crude and gasoline inventories fell last week, distillates rose - EIA says](https://longbridge.com/en/news/287084604.md)