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Oil prices drop: Brent at $72.26

Oil prices edge lower ahead of Iran-US talks in Doha: Brent at $72.26, WTI at $70.08.

Alexander Gonzalez
ByAlexander Gonzalez- Senior Editor
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Oil prices saw a slight decline ahead of the next round of Iran-US talks expected in Doha.

According to Interfax, on the ICE Futures Europe exchange in London, Brent crude futures for August delivery fell by $0.89 (1.22%) to $72.26 per barrel. In the previous session, Brent had risen by $1.16 (1.6%) to $73.15.

On the New York Mercantile Exchange (NYMEX), WTI crude futures for August delivery decreased by $0.67 (0.95%) to $70.08 per barrel. In the previous session, WTI had increased by $1.52 (2.2%) to $70.75.

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