Oil prices slide on hopes of diplomacy in Iran war

Key Takeaways

• Oil prices slid to their ​lowest in more than a week on Monday as investors hoped for diplomatic progress on the US-Israeli war on Iran due to this ‌w
• Brent crude futures and US West Texas Intermediate (WTI) crude touched their lowest since September 10 earlier on Monday
• The Brent contract for November was at $102
• 09 a barrel at 11:55am PKT, down $1

Oil prices slid to their ​lowest in more than a week on Monday as investors hoped for diplomatic progress on the US-Israeli war on Iran due to this ‌week’s UN meeting and eyed a partial recovery in shipments from Saudi Arabia despite ongoing attacks by Yemen’s Houthis. Brent crude futures and US West Texas Intermediate (WTI) crude touched their lowest since September 10 earlier on Monday. The Brent contract for November was at $102.09 a barrel at 11:55am PKT, down $1.78, or 1....

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Oil prices slid to their ​lowest in more than a week on Monday as investors hoped for diplomatic progress on the US-Israeli war on Iran due to this ‌week’s UN meeting and eyed a partial recovery in sh

Originally reported by Dawn News. Enhanced and optimized for search by TechVeb.