Oil prices extended declines after settling sharply lower Tuesday amid rising optimism that the Middle East conflict could see a diplomatic resolution.
U.S. crude oil futures for May delivery fell 0.88% to $90.4 per barrel as of 8:35 p.m. ET. Futures for international benchmark Brent for June delivery lost 0.31% $94.47 per barrel.
A second round of U.S.-Iran negotiations are being considered, though no official schedule has been set, a White House official told CNBC on Tuesday.
President Donald Trump later said the talks could take place “over the next two days” in Islamabad, according to the New York Post.
Trump had earlier indicated discussions were proceeding slowly and negotiations would likely be held in Europe, but called back shortly after with updated details, the report said.
