Oil prices decline over 1% as US-Iran tensions ease
Oil prices fell over 1% as fears of US-Iran conflict eased after diplomatic talks. Brent crude dropped 1.31% to $67.16 per barrel, while WTI crude declined 1.24% to $62.76 per barrel, reflecting reduced geopolitical risk.
after close1 source ↓written by the desknot a recommendation
- at Monday’s market
- 1%
- to $67.16
- 1.31%
- to $62.76
- 1.24%
Oil prices fell more than 1% at Monday’s market open as fears of a potential US-Iran conflict eased following diplomatic talks.
• Brent crude futures dropped 1.31% to $67.16 per barrel.
• US WTI crude declined 1.24% to $62.76 per barrel.
The easing geopolitical risk may support market stability in the near term.
Not investment advice. For informational purposes only.