Global Oil Prices Fall As US, Iran May Be Announcing Terms For Peace Negotiations
LAGOS MAY 23RD (NEWSRANGERS)-Oil prices abruptly reversed course Thursday afternoon, turning from gains to losses on news that the US and Iran may be only hours away from announcing terms for peace negotiations. Futures on Brent crude (BZ=F), the international benchmark, fell 2.6% to trade around $102.30 per barrel after gaining as much as…