Brent retreats below $90/b threshold as Middle East tensions ease

26.04.2024

Oil prices slipped by about 1% on Monday, with the market downplaying the risk of broader regional conflagration after Iran's weekend attack on Israel.

Brent futures for June delivery fell 99 cents, or about 1%, to $89.46 a barrel by 0933 GMT while West Texas Intermediate (WTI) futures for May delivery...