Oil Prices Fall as Traders Weigh Russia Sanctions Waiver and Middle East Risks
Brent crude futures fell 1.8% to $107.86 a barrel as traders weighed a U.S. waiver of newly imposed Russia sanctions against persistent Middle East supply risks.
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07:31:23 AM UTC
SquawkNews
Oil prices slide after President Trump waived some sanctions and tariffs on Russia, with Brent crude falling 2.3% to $107.36 a barrel in early European trading. The November WTI futures contract--which expires Tuesday--is down 1.8% to $99.57 a barrel, while the December contract declines 2.1% to $9…
By Farhan RafidOil prices fell Monday, pulling back after Friday's gains as traders weighed a U.S. decision to waive newly imposed sanctions on Russia against persistent Middle East supply risks.December Brent crude futures fell 1.8% to $107.86 a barrel, while December West Texas Intermediate futur…