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Brent Crude Falls 4% to $96.71 as US-Iran Talks Advance
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West Texas Intermediate (WTI) crude oil futures on the New York market closed down about 2% amid growing hopes of a ceasefire between the United States and Iran, as well as news that the US might ban diesel exports. The post WTI Oil Closes Down 2% on Hopes of a US-Iran Ceasefire appeared first on Business Online Stock News.
Crude oil futures prices at the New York Mercantile Exchange fell for the first time in three days on the 25th, with the benchmark West Texas Intermediate (WTI) November delivery closing down $2.20 from the previous day at $92.41 per barrel.
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