Oil prices fell by more than a dollar during trading on Thursday amid expectations of a possible nuclear agreement between the United States and Iran. Meanwhile, a surprise increase in US crude oil inventories last week heightened investor concerns about oversupply.
Brent crude futures fell $1.49, or 2.3 percent, to $64.60 a barrel. US West Texas Intermediate (WTI) crude futures fell $1.46, or 2.3 percent, to $61.69. Both crudes fell by about 0.8 percent on Wednesday.
Source )Al Arabiya.net, edited (
