Commodities & currencyBusiness Standard
Oil prices drop as hopes for Iran, Ukraine peace talks pressure markets
Positive03 sources
GreyOak summary
Oil prices dropped more than $1 on Thursday due to hopes for progress in peace talks regarding the Middle East and Russia-Ukraine wars. Brent futures fell 1.2% to $91.62, while WTI crude declined 1.2% to $85.49. Negotiators agreed to a prisoner exchange, though differences remain on other issues.
What it affects
- Brent crudePositive 0
Brent futures fell 1.2% to $91.62.Rolling sentiment Neutral +11
- GeopoliticsNegative 0
Peace talks pressure markets on oil.Rolling sentiment Negative -24
