Brent crude below $69 a barrel — down from $77 a barrel on Monday
The rise in prices came after President Trump said he had \
Brent crude trades up 1 per cent with no sign of panic selling across stock markets
Oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against US attacks on its nuclear sites.
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Crude has dropped by more than 5% with prices now below the level when Israel first launched its attack.
SINGAPORE: Oil prices hit their lowest in two weeks on Tuesday after Israel agreed to US President Donald Trump’s proposal for a ceasefire with Iran, alleviating worries of supply…
Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
The oil price looks to have found a floor as investors assess the hostilities between Israel and Iran