India, July 1 -- Brent Crude Oil Price Today (July 1): Brent crude and US West Texas Intermediate (WTI) oil prices traded higher in early Wednesday, July 1, after Iran ruled out direct negotiations with US officials, reviving concerns over the fragile Middle East ceasefire. Although crude prices posted modest gains, the broader market remains under pressure following one of the steepest quarterly declines in years as easing geopolitical tensions and improved supply outlook weighed on sentiment.

Brent Crude Oil Price Today (July 1)

Brent crude futures rose 50 cents, or 0.69%, to $73.45 per barrel during early Wednesday trading. The benchmark crude oil contract gained after Iran confirmed it would not participate in direct talks with US o...