Brent crude for May slipped 33 cents to US$67.91 a barrel on London's ICE Futures Exchange.
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Oil Prices Dropped On British Hostages Relief
Oil prices fell Monday amid relief over last week's release of British sailors detained by Iran
Oil prices fell Monday amid relief over last week's release of British sailors detained by Iran, but concerns over the tight U.S. demand-supply balance and other geopolitical issues supported prices.
Light, sweet crude for May delivery fell 44 cents to US$63.84 a barrel in midafternoon Asian electronic trading on the New York Mercantile Exchange.
Brent crude for May slipped 33 cents to US$67.91 a barrel on London's ICE Futures Exchange.
Brent crude for May slipped 33 cents to US$67.91 a barrel on London's ICE Futures Exchange.
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