Money and business

Oil prices decline with expectations of talks between the United States and Iran


Oil prices today, Tuesday, reversing the gains they achieved in the previous session, amid expectations of peace talks between United States and Iran this week, which will allow more supplies to flow from the Middle East.
Brent crude futures fell 95 cents, or 1%, to reach $94.53 a barrel at 00:03 GMT.
US West Texas Intermediate crude futures for May delivery fell by 1.72%, equivalent to $1.54, recording 88.07. Dollar.

June contracts decline

May contracts expire today, Tuesday, while the most active June contracts fell by $1.09, or 1.3%, to $86.37.
Both crude oils rose yesterday, Monday, as Brent crude rose by 5.6%, and West Texas Intermediate crude rose by 6.9%.

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