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Oil Prices Fall over 1% as Iran-Qatar Talks Continue

Diplomatic efforts to end the Iran conflict offered some relief to oil markets, although supply disruptions and geopolitical risks persisted.

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The oil price falls by just over one percent in the week's opening trade.

·Stockholm, Sweden
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Oil prices declined by more than one percent in the early Asian dealings today Monday, following talks by Iranian and Qatari officials for the third consecutive day, with a view to reaching an agreement ending the American-Iranian war.

·Syrian Arab Republic (the)
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World oil prices dropped on Monday morning, Brent's oil futures dropped by more than 1 per cent, according to the trade data. The value of January's Brent oil futures fell by 1.21 per cent relative to the previous closure, to $111.89 per barrel, transfers RIA News. December's WTI oil futures fell by 0.59 per cent and traded at $102.34 per barrel. According to the WZGLAD newspaper, on Friday, world oil prices showed an increase of 3 per cent. Two…

Citing Reuters, the price of Brent crude oil fell US$1.59, or 1.40%, to US$111.84 per barrel at 00:11 GMT.

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vz.ru broke the news on Sunday, November 1, 2026.
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