Crude oil falls 1.36% in delayed data as Mideast supply fears ease
The front-month WTI quote of $101.38 per barrel is delayed and not live, against a previous close of $102.78.
Crude oil (WTI) front-month futures fell 1.36% to $101.38 per barrel in delayed data (not live) on Tuesday, as hopes for peace eased worries about Middle East supply, reports say.
Reports point to peace hopes offsetting fears that the Middle East conflict could escalate and threaten supply. A separate report notes that U.S. crude stockpiles fell for a fourth straight week.
The delayed quote stands at $101.38, down from a previous close of $102.78. The figure reflects front-month WTI futures and is not live.
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