Oil prices experienced a decline on Wednesday following statements from US President Donald Trump regarding diplomatic engagements involving the United States and Iran at the United Nations.
According to the reports, Trump described the discussions between US and Iranian representatives as "very good" and "very productive." In the wake of these remarks, international benchmark Brent crude fell to $98.91 per barrel, while the main US contract, West Texas Intermediate (WTI), dropped to $89.93 per barrel.
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