New Delhi, April 15 -- Crude oil prices fell for a second day on expectations peace talks between the US and Iran may resume and eventually release supply from the key Middle East producing region.

Brent crude futures fell 0.37% to $94.44 a barrel after falling 4.6% in the previous session. US West Texas Intermediate crude declined 1.04% to $90.33 after dropping 7.9% the session before.

US President Donald Trump told the New York Post that the talks to end the war with Iran could resume in Pakistan over the next two days. This statement increased optimism that talks could eventually settle the conflict and open up crude oil and fuel flows.

Earlier, the US-Iran talks collapsed over the weekend, prompting Washington to impose a blockade ...