Brent Falls 3% as Oil Prices Reverse Earlier Rally Towards $112
4 Articles
4 Articles
Prices are adjusted for the expectation that US and Iranian negotiations will resume.
International oil benchmark retreats from intraday high as markets monitor US-Iran diplomatic developments
On Tuesday, 20 October, the value of the North Sea Brent brand fell by more than 3 per cent during the bidding process, falling to $106.24 per barrel, as evidenced by the data from the Trade Investment platform.
London, 20 Oct 2026 (AFP) – Oil prices are falling after having been posted at the highest level for more than five months on Tuesday, due to press reports that negotiations between Iran and the United States are continuing. "Negotiations are underway" between Iran and the United States, said Tuesday the spokesman for [...] The article Oil prices fall back with hopes of negotiations in the Middle East appeared first on MARINE & OCEANS.
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