Oil prices fell sharply on Thursday morning after US President Donald Trump's statements somewhat eased fears of an imminent American strike on Iran, Report informs via Interfax.
By 9:16 (GMT+4), March Brent futures on the London ICE Futures Exchange had fallen by $2.15 (3.23%) to $64.37 per barrel. On Wednesday, Brent had risen by $1.05 (1.6%) to $66.52 per barrel.
February WTI futures on the New York Mercantile Exchange (NYMEX) had fallen by $2.03 (3.27%) to $59.99 per barrel by this time. In the previous session, the contract had risen by $0.87 (1.42%) to $62.02 per barrel.