Global oil prices fell more than five percent on Wednesday after President Donald Trump said the US is in the “final stages” of negotiations aimed at ending the Middle East war.
Intertional benchmark, Brent North Sea crude, shed 5.2 percent to $105.47 a barrel.
The main US contract, West Texas Intermediate, tumbled 5.0 percent to $98.94 a barrel.
Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.
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Source: Insider Paper
