Oil Prices Slip 1 Percent on Iran Diplomacy
Oil prices fell about one percent as diplomatic talks in Tehran raised hopes for easing Middle East tensions. Brent crude dropped to $114.81 a barrel while US West Texas Intermediate declined to $100.88.
Xurve View
Insights:
Xurve View
Brent Crude Oil fell 0.86% to $114.81 a barrel during Tuesday morning trade as diplomatic talks in Iran eased immediate supply concerns. The decline follows a 1% dip earlier in the session as markets weighed the potential for de-escalation.
