Oil falls for fifth session on U.S.-Iran diplomacy hopes
Brent settled down 1.1% at $99.25/bbl, the first close under $100 since Sept. 8, as oil futures fell on Middle East diplomatic hopes and improving regional export news.
Oil futures declined for a fifth straight session, supported by hopes for diplomatic progress in the Middle East and positive news on oil exports from the region. 25 a barrel, marking its first close under $100 since Sept. 8. West Texas Intermediate …