Brent Crude Oil Price Falls Below $90 a Barrel on Hopes of Iran Deal
15 Articles
15 Articles
Shafaq News - Oil prices fell on Tuesday evening as hopes rose for a swift agreement to end the war in the Middle East. Around 4:30 PM GMT, the price of Brent crude for August delivery fell 4.27% to $90.23 a barrel, after briefly dropping to $89.57, its lowest level since April 17. Meanwhile, its US counterpart, West Texas Intermediate (WTI) crude for July delivery, fell 5.10% to $86.64 a barrel. Earlier in the day, Brent crude futures had falle…
U.S. President Donald Trump’s statements, in which he claims that the expectation of an agreement with Iran to end the war is soon giving wings to the investment mood. In view of the negotiations ending the blockade of the Strait of Ormuz, oil accentuates its desalination. Brent, the reference in Europe, corrects 2.5% and falls below 91 dollars a barrel, a level that has not reached since last April, in line with West Texas, which falls more tha…
Times of India
The Economic TimesBrent crude oil price falls below $90 a barrel on hopes of Iran deal
Oil prices fell around 5 percent to below $90 a barrel on Tuesday after US President Donald Trump again said an Iran peace deal could be close. The international benchmark Brent crude fell below $90 for the first time since April 14, while its US counterpart, West Texas Intermediate crude fell to around $86 a barrel.
Stocks Get Tech Boost as Oil Declines Below $90: Markets Wrap
Brent Oil Prices Trend Below US$90 Per Barrel On Friday’s Open
KUALA LUMPUR, June 12 (Bernama) — Brent oil prices closed at US$90.4 per barrel (bbl) and trended below the US$90.0/bbl threshold on Friday’s open on renewed optimism over a potential Iran deal (US$1=RM4.05). CIMB Investment Bank Bhd said the performance is on track for a second weekly decline as United States (US) President Donald Trump reversed a planned Iran strike and indicated that an Iran deal was close, adding that Iran would not pursue a…
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