UPDATE | Oil prices fell more than 1% on Friday as markets weighed the alleged possibility of a truce between the US and Iran against concerns that increasing attacks against Saudi Arabia by Ansarallah could disrupt supply.
Brent was down $1.34, or 1.3%, at $105.26 a barrel at 1215 GMT, while West Texas Intermediate (WTI) was $1.83, or 1.9%, lower at $92.78 a barrel.
For the week so far, Brent has gained 1.5% and WTI has dropped 7.4%.
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The Cradle ❗️Oil prices fall as Brent slips toward $105 Oil prices fell on Friday as markets weighed the possibility of a truce between the US and Iran against concerns over attacks by Ansarallah on Saudi Arabia and their potential impact on oil supplies. Brent crude…
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