Oil prices fall as peace hopes offset fears of growing Middle East conflict

Arab News · 1h ago

RIYADH: Oil prices fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge ‌off renewed concerns over Middle East supply disruptions from escalating regional conflict. Brent crude futures declined $1.22, or 1.1 percent, to $114.10 a barrel at 06:51 a.m. Saudi. US West Texas Intermediate crude futures were down $1.33, or 1.3 percent, at $101.45. Brent rose 1.3…

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Oil prices fall as peace hopes offset fears of growing Middle East conflict

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