Oil prices are expected to drop by about 20% in June, with the market focusing on the Doha negotiations

```htmlGolden Ten Data reported on June 30 that crude oil is highly likely to end this month with a decline. Investors are closely watching potential talks between the US and Iran in Doha, against the backdrop of a still fragile ceasefire agreement. As of 06:53 in GMT+8, the soon-to-expire Brent August crude oil futures fell by 1%, about $20 lower than last month's closing price, a drop of around 22%. The more actively traded September contract fell by 0.6%. KCM Trade Chief Market Analyst Tim Waterer stated that investors are pricing in positive outcomes from the Doha negotiations, even though transit through the Strait of Hormuz has not fully returned to normal. The market holds a cautiously optimistic attitude, but is still hedging on both sides until more definitive signs of easing are seen.```