Connect with us

Business

Oil prices fall below $110 a barrel

Published

on

Oil prices dropped three percent today amid reinforced diplomatic efforts to end the Russia-Ukraine crisis.

At 09.08 GMT+1, Brent crude, the global oil benchmark, shed 3.20 percent, trading at $109.1 a barrel.

West Texas Intermediate, also declined over 3 percent, to $105.5 a barrel.

According to a Reuters report, the development is coming on the heels of the meeting to be held between Ukrainian and Russian negotiators today via video link after both sides cited progress.

Copyright © 2025 BodexNG.COM