Decline in Oil Prices and Gold Stability in Anticipation of the New York Talks
4 Articles
4 Articles
Oil prices fell on Wednesday, with Brent crude futures slipping 7 cents, or 0.07%, to $99.18 a barrel by 01:19 GMT. U.S. West Texas Intermediate crude futures also dropped 35 cents, or 0.39%, to $90.17 a barrel.
Today's oil prices have declined, with Saudi Arabia starting to resume the supply of raw materials through a vital pipeline reaching the Red Sea, amid growing hopes for a diplomatic solution to the US-Iran war through United Nations talks in New York, according to Reuters. The future contracts of Brent fell seven cents, or 0.07 percent, to... this news was published through Cedar News News.
Economy - Onur Can Bal, Deputy Director of Investment Advisory at Gedik Investment, stated that diplomatic activity between the US and Iran will be decisive in oil and gold prices, drawing attention to critical levels.
Positive sentiment in international markets as the prospect of US-Iran talks puts pressure on oil, while investors turn to the Trump-Xi meeting.
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