Oil prices fall as Brent crude drops to $114 per barrel
Oil prices declined on geopolitical developments, erasing some gains from the previous session as Brent futures fell to $114.50 per barrel.
Key Takeaways
AIOil prices declined on Tuesday, weighed down by geopolitical developments and erasing some of the gains made in the previous session.
Brent crude futures fell by 82 cents, or 0.7%, to $114.50 per barrel, while US West Texas Intermediate futures dropped $1.04, or 1%, to $101.74 per barrel.