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Crude oil falls 2.54% in delayed data as supply fears ease

OILRaw materials
Crude oil falls 2.54% in delayed data as supply fears ease

The front-month WTI quote of $100.17 per barrel is delayed, not live, and sits below the previous close of $102.78.

Crude oil (WTI) front-month futures fell 2.54% to $100.17 per barrel in delayed data (not live) as renewed U.S.-Iran peace efforts eased supply fears, reports say.

Traders weighed diplomacy between Washington and Tehran, with WTI trading near $101.50 and Brent slipping below $114 during the session.

The delayed quote of $100.17 per barrel compares with a previous close of $102.78, a decline of 2.54%.

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