Oil prices extend losses on expectations talks to ease Middle East supply woes

Crude oil prices extend losses on hopes of talks to ease Middle East supply disruptions; Brent at $87/bbl

US-Iran war: Brent crude futures slipped 60 cents, or 0.7%, to $87.24 per barrel, marking their fourth consecutive day of losses.

Oil prices extend losses on expectations talks to ease Middle East supply woes

Aug 27 : Oil prices fell on Thursday, extending a streak of multiple days of losses, on expectations talks between Iran and Qatar may open the key Strait of Hormuz and reduce supply disruptions from the Middle East war. Brent crude futures were down 60 cents, or 0.7 per cent, to $87.24 a barrel by 0004 GMT,