Blog tagged as Oil price

Middle East - Oil falls 2% on possible return of Iranian supply

21.05.21 02:29 AM By Anh - Comment(s)



Oil prices fell more than 2% on Thursday, marking a third day of losses, after diplomats said progress was made toward a deal to lift U.S. sanctions on Iran, which could boost crude supply.

Brent crude fell $1.55, or 2.3%, to settle at $65.11 a barrel. West Texas Intermediate crudeended $1.31, or 2.1...