Oil prices drop 1pc; brokerage firm says there are growing expectations of oversupply and competition for market share is pushing prices down.

June 30 : Oil prices dropped on Tuesday, with investors eyeing the outcome of potential U.S.-Iran talks in Doha amid weekend missile fire from both sides that tested an interim…

Brent August crude futures were down 1%, at $72.4 a barrel

The moves come as oil traders monitor the prospect of U.S.-Iran talks in Doha on Tuesday.

Traders monitor peace talks between the US and Iran

Oil prices fell more than 1% on Wednesday after talks between Washington and Tehran concluded.

Oil prices dipped as Qatar reported positive progress in indirect Iran-U.S. talks concerning the vital Strait of Hormuz. Despite recent exchanges, tanker traffic is recovering,…

July 2 : Oil prices fell for a third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the…

NEW YORK: Oil prices fell roughly two per cent on Wednesday to their lowest levels since February as optimism over...

Oil prices drop 1pc; brokerage firm says there are growing expectations of oversupply and competition for market share is pushing prices down.