Brent stays under $100 as Gulf supply hopes lift outlook
Brent is below $100 a barrel, down 1% to $99.34; front-month WTI falls 1% to $94.80 amid hopes for improved Gulf supply.
Oil prices were lower, with Brent crude remaining below $100 a barrel on expectations of improved Gulf supply. 80 a barrel. "The decline reflects market expectations of increased oil supply," says Giov…