Market Estimates US-Iran Talks Will Help Ease Supply Concerns, International Oil Prices Close Lower

NEW YORK (CNA) - Signs that the United States and Iran are seeking to arrange a second round of talks led investors to expect that this would alleviate concerns about oil supply, causing international oil prices to fall today. West Texas Intermediate crude oil for May delivery settled down US$7.80, or 7.87%, at US$91.28 per barrel. North Sea Brent crude for June delivery closed down US$4.57, or 4.6%, at US$94.79 per barrel. (Compiled by: Hong Qi Yuan) 1150415. Stay on the side of facts. Every sponsorship from you is a force to protect press freedom. Download the CNA 'First News' APP for real-time updates. Text, images, and videos on this website may not be reproduced, publicly broadcast, or used without authorization.