Crude Prices Fall About 2.2% as Middle East De-Escalation Efforts Continue
U.S. crude prices were down about 2.2% at 11:15 a.m. ET Monday, while refined product futures were largely flat. Oil markets reacted to efforts to de-escalate the Middle East conflict.
Crude oil prices were seeing solid declines Monday morning, while refined product futures were largely flat, as oil markets reacted to efforts to de-escalate the conflict in the Middle East.U.S. crude prices were off by about 2.2% at 11:15 a.m. ET, with the December West Texas Intermediate crude co…