World · 2 hours ago
Oil prices drop three per cent on Qatari talks to end war
Photo by Zbynek Burival on Unsplash
Crude fell sharply on Monday as officials from Qatar and Iran continued their third day of meetings to try and broker an end to the conflict. Brent crude dropped to one hundred ten dollars a barrel, while West Texas Intermediate fell to one hundred dollars and sixty-two cents. Analysts note that markets had already priced in the risk of further escalation following upcoming US midterm votes.
Reported by Reuters · How we write briefs