Oil prices slip but still near one-week highs
Brent crude futures were down 0.4% and US West Texas Intermediate futures were off 0.6%
25 May 2021 - 13:13
London — Oil prices slipped on Tuesday, but were near one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets.
Brent crude futures were down 30c, or 0.4%, at $68.16 a barrel by 10.04am GMT, having jumped 3% on Monday. US West Texas Intermediate (WTI) futures were off 42c, or 0.6%, at $65.63 a barrel, after gaining 3.9% the previous session...
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