Oil prices drop 4% on US-Iran de-escalation
pre-market1 source ↓written by the desknot a recommendation
- per barrel
- $66.51
- $62.51
Oil prices fell sharply on 2 Feb, with Brent crude futures down 4.1% to $66.51 per barrel and WTI down 4.1% to $62.51. This decline follows U.S. President Trump's comments on Iran engaging in serious talks, easing previous tensions that had driven prices to six-month highs. Traders may reassess near-term price movements amid these developments.
Not investment advice. For informational purposes only.