Oil Slides on Mideast Hopes as Stocks Rebound After Selloff
Brent crude futures fell on signs the U.S. and Iran might engage in diplomacy, while U.S. stocks recovered after Friday’s selloff.
By Joe WallaceU.S. stocks are recovering after Friday's selloff, helped by a slide in oil prices.Brent crude futures fell on signs that both the U.S. and Iran might be willing to engage in diplomacy, which could avert an escalation in the Middle East.The selloff that led the Nasdaq to end last mont…