Oil prices fall as Brent crude drops to $104 a barrel
Oil prices slipped nearly 2% on Friday amid hopes for a US-Iran deal and talk of a potential US diesel export ban.
Key Takeaways
AIOil prices fell by nearly 2% at Friday's close, amid growing hopes for an agreement between the United States and Iran and speculation about a possible US ban on diesel exports.
Brent crude dropped $2.28, or 2.1%, to settle at $104.32 per barrel, while US West Texas Intermediate crude fell $2.20, or 2.3%, to $92.41 per barrel.
For the week, Brent crude gained less than 1%, while West Texas Intermediate declined by about 8%.