Oil prices decline 1% amid US-Iran nuclear talks
Oil prices fell 1% on Monday as the US and Iran pledged to continue nuclear talks, with Brent crude at $67.38 and WTI at $62.94. The commitment eased fears of immediate conflict and supply disruptions in the Middle East.
after close1 source ↓written by the desknot a recommendation
- on Monday
- 1%
- Brent crude dropped
- 67 cents
- a barrel
- $67.38
- Texas Intermediate fell
- 61 cents
- a barrel
- $62.94
Oil prices fell 1% on Monday as the US and Iran committed to ongoing nuclear discussions, alleviating immediate conflict fears. Brent crude dropped 67 cents to $67.38 a barrel, while US West Texas Intermediate fell 61 cents to $62.94 a barrel. Despite positive talks, volatility remains high due to potential tensions in the region.
Not investment advice. For informational purposes only.