Oil falls amid US-Iran talks optimism
Oil prices declined today, Wednesday, amid rising optimism regarding the U.S.-Iran talks. The U.S. president confirmed that the meetings in Qatar went well, easing supply concerns. Brent crude fell by 1.3% to $72.00 per barrel, while West Texas Intermediate dropped by 0.78% to $68.96, reaching their lowest levels since February. Market expectations point to further price declines after the largest quarterly drop since 2008.
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