From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Oil prices fall over 1% as Iran-Qatar talks raise hopes of diplomatic progress
What each side is saying
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center · 1 outlet
Oil prices dropped over 1% following ongoing talks between Iranian and Qatari officials aimed at reducing conflict. Brent crude futures fell to $111.84, while US West Texas Intermediate crude fell to $102.56. The drop in prices followed a strong increase seen last week before the US midterm…
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right · 2 outlets
At 9.42 am on Monday, January Brent oil futures were at $109.69, down by 3.30%t, and December crude oil futures on WTI (West Texas Intermediate) were at $100.60, down by 3.38%
RSS excerpt
Diplomatic efforts to end the Iran conflict offered some relief to oil markets, although supply disruptions and geopolitical risks persisted.
