Oil prices fell for a third straight day as fears of supply disruptions eased after Qatar said progress has been made in talks between Iran and the U.S. over the Strait of Hormuz. The development reduces the immediate geopolitical risk premium in crude, weighing on prices near-term.
Oil prices fell for a third straight day as fears of supply disruptions eased after Qatar said progress has been made in talks between Iran and the U.S. over the Strait of Hormuz. The development reduces the immediate geopolitical risk premium in crude, weighing on prices near-term.
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mildly positive
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0.15
