India, Nov. 10 -- Oil prices were sharply lower on Tuesday as hopes for a de-escalation in the Middle East reduced geopolitical risk premiums.
Brent crude prices slumped 2.4 percent to $90.38 a barrel, after having fallen almost 6 percent in the previous session to reach the lowest level since late August amid ongoing diplomatic efforts to end the Middle East conflict. WTI crude futures were down 2.2 percent at $84.98 a barrel.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....