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Oil down over USD7 a barrel in post settlement trade

LONDON: Brent crude futures continued tumbling after settlement on Monday to lose more than USD7 a barrel, hitting their lowest since late August, after US President Donald Trump downplayed the likelihood of renewed strikes on Iran. Brent crude futures settled down USD5.75, or 5.85 percent, at USD92.57 a barrel. Prices continued falling after settlement, and were last down more than USD7 a…

First reported by Business Recorder 1 source
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  1. Business Recorder

    Oil down over USD7 a barrel in post settlement trade (opens Business Recorder in a new tab)

    LONDON: Brent crude futures continued tumbling after settlement on Monday to lose more than USD7 a barrel, hitting their lowest since late August, after US President Donald Trump downplayed the likelihood of renewed strikes on Iran. Brent crude futures…

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