Oil Falls on Renewed U.S. Efforts to Revive Iran Peace Talks
Brent crude for December delivery fell 0.8% to $114.37 a barrel, while WTI futures declined 1.2% to $101.50. The Brent contract expires Friday; significant obstacles remain to negotiations.
Oil prices fall amid renewed U.S. efforts to revive peace negotiations with Iran. Brent crude for December delivery, which expires on Friday, is down 0.8% to $114.37 a barrel, while WTI futures decline 1.2% to $101.50 a barrel. However, significant obstacles remain, limiting the reaction across cru…