Brent crude fell 0.69% to $108.79 amid a possible rapprochement between the US and Iran
World1 source1 country🔦 Under-reported25m ago
On October 20, the price of Brent crude oil for December delivery fell by 0.69% to close at $108.79 per barrel in the London futures market. The decline occurred following reports of potential diplomatic efforts and signals of dialogue between the United States and Iran aimed at a possible rapprochement.
The decrease in oil prices followed a session in which crude had marked a five-month high. This market movement also took place against a broader backdrop that included Houthi attacks against Saudi facilities and an abrupt drop in production or supply metrics.
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Infobae (Buenos Aires, Argentina) (AR) - El petróleo cierra a la baja...Highlights broader market context including five-month highs, Houthi attacks, and supply drops.
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