India, June 22 -- Crude oil prices declined on Monday as investors assessed the encouraging progress in talks between the U.S. and Iran held in Switzerland. Sentiment was boosted by steps taken to reduce the Lebanon conflict as well as the Strait of Hormuz tensions.
Brent Oil Futures for September settlement are currently trading at $78.84, plunging 1.5 percent from the previous close of $80.05. In the day's trading, Brent ranged between $78.07 and $81.38. The 52-week trading ranged between $58.72 and $126.41.
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