Oil prices fell slightly on Wednesday as talks between the United States and Iran progressed, raising hopes for a de-escalation in bilateral tensions and reducing risks of supply disruptions for the Middle Eastern oil producer. Brent futures fell 3 cents or 0.04% to $67.39 a barrel at 0139 GMT, while US West Texas Intermediate (WTI) […]
Oil prices rose higher for a second day on Wednesday, buoyed by sanctions-related supply risks, hopes for a US-China trade deal and news that the US is seeking oil to supply its strategic reserves. Brent crude futures rose 18 cents, or 0.29%, to $61.50 a barrel as of 0137 GMT, while U.S. West Texas Intermediate […]