USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

114

Crude Eased On US Prospective Talks with Iran

World oil prices eased after the U.S. reported about its intention to hold talks with Iran

Crude Eased On US Prospective Talks with Iran

World oil prices eased after the U.S. reported about its intention to hold talks with Iran on its nuclear program.

Light, sweet crude for July delivery fell $1.58 to $70.45 a barrel on the New York Mercantile Exchange.

Meanwhile, in London, Brent crude slid $1.32 to $69.73 on the ICE Futures market.

"As soon as Iran fully and verifiably suspends its enrichment and reprocessing activities, the United States will come to the table with our EU colleagues and meet with Iran's representative," Secretary of State Condoleezza Rice said.

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