Oil prices fell more than 2 percent on Monday after reports of diplomatic efforts to reduce regional tensions in West Asia.

Brent crude futures slumped 2.1 percent to $114.29 a barrel after having hit a six-month high above $116 a barrel on Friday following reports that the Trump administration may consider strikes against Iran after the November 3 mid-term elections. WTI crude futures plummeted 2.5 percent to $100.73 a barrel.

Subscribe to continue reading the article.

This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.

Start Free Trial

FREE 7-Day Trial – No Payment Required




Oil Prices Retreat From Near Six-month Highs On Hopes For Diplomacy

2026-10-26 09:43:02

Leave a Reply

Pantère Group

Infinity Building
Amstelveenseweg 500
1081 KL Amsterdam, Netherlands

E: Info@pantheregroup.com