Oil prices fall over $1/bbl on Russian oil price cap talks
Source: Reuters
LONDON, Nov 23 (Reuters) - Oil prices fell by more than $1 a barrel on Wednesday as the Group of Seven (G7) nations looked at a price cap on Russian oil above where the crude grade is currently trading.Brent crude futures fell $1.62, or 1.83%, to $86.74 a barrel at 1101 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down $1.25, or 1.54%, at $79.70 a barrel.Both contracts rose by more than $1/bbl…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at Reuters