Oil prices declined today, Monday, after rising for four weeks, as the possibility of reaching a ceasefire agreement in Gaza led to calming geopolitical tensions in the Middle East, while investors evaluated the possibility of disruption of US energy supplies due to tropical storm Beryl.By 02:34 GMT, Brent crude futures fell 12 cents, 0.1%, to $86.42 per barrel, while US West Texas Intermediate crude fell 28 cents, 0.3%, to $82.88 per barrel.Investors were also anticipating any impact on geopolitical and energy policies from the elections in Britain, France and Iran last week.Source: National Iraqi News Agency
Home » Oil prices declined after the Gaza talks calm fears of supply disruption
Oil prices declined after the Gaza talks calm fears of supply disruption
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