India, June 5 -- Oil prices stabilized on Friday after falling sharply in the previous session as a U.S.-brokered ceasefire agreement between Israel and the Lebanese government raised hopes for broader de-escalation in the U.S.-Israeli conflict with Iran.
Brent crude futures were down half a percent at $94.46 a barrel, after having fallen nearly 3 percent in the previous session. WTI crude futures were down 0.7 percent at $92.35.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....