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Oil extends fall as investors shrug off latest US sanctions on Iran
SINGAPORE: Oil prices fell further on Tuesday after settling down more than 2 percent in the previous session, with investors brushing off the impact of the latest US sanctions against Iran. Brent crude futures fell 90 cents, or 1 percent, to $91.27 a barrel by 09:30 a.m. Saudi time, while US West Texas Intermediate crude was down 76 cents, or 0.9 percent, at $84.25. Both contracts settled lower on Monday, with US crude oil falling to a one-week low on profit taking after prices rallied over the previous two weeks.
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thisdaylive.com
Oil Prices Fall Ahead of US, Iran Sanctions
Oil prices fell more than one dollar on Monday as investors took profits and awaited expected new U.S. sanctions on Iran.
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arabnews.com
Oil falls ahead of US announcement on new Iran sanctions
SINGAPORE: Oil prices slipped more than $1 a barrel on Monday as investors took profits ahead of an expected announcement from Washington about imposing more sanctions on Iran…
