Key facts
- Oil prices fell below $90 a barrel, the first time below that level since August, according to the report.
- The report tied the decline to renewed hopes for a Middle East ceasefire deal.
- The report did not name the benchmark contract, give a price level or state the size of the move.
Oil prices fell below $90 a barrel for the first time since August, according to a report that tied the decline to renewed hopes for a Middle East ceasefire deal.
The report did not name the benchmark contract, did not give a price level and did not state the size of the decline. It also did not date the move, so the level is reported as of the report itself.
Two attached items, a CNBC page and a Bloomberg page, could not be read: both returned access-denial or bot-check pages rather than article text, so nothing from them was used.