Oil prices decline amid Iran talks and Saudi pipeline plans
pre-market1 source ↓written by the desknot a recommendation
- per barrel
- $90
- over the past
- 10%
- Brent settling near
- $99
Oil prices continued to fall as US officials reported progress in negotiations with Iran to end hostilities, while Saudi Arabia plans to restart its East-West pipeline. West Texas Intermediate dropped below $90 per barrel, down 10% over the past week, with Brent settling near $99. The pipeline restoration could enhance Saudi exports, impacting global supply dynamics.
Not investment advice. For informational purposes only.