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Brent hits low of two months on Iran talks
(MENAFN- Khaleej Times) Brent crude fell under $106 a barrel on Wednesday, hitting a fresh two month low, as the prospect of a possible rise in Iranian oil exports weighed.
February Brent crude slipped for a third session, fell by 40 cents to $105.99 a barrel by 1052 GMT, the lowest since November 13
US crude for February delivery edged up 12 cents to $92.71 after settling up 0.86 percent on Tuesday
The resumption of oil production at Libya's El Sharara field has also weighed on prices, although the key issue is still when the blockade at its eastern oil ports will end
February Brent crude slipped for a third session, fell by 40 cents to $105.99 a barrel by 1052 GMT, the lowest since November 13
US crude for February delivery edged up 12 cents to $92.71 after settling up 0.86 percent on Tuesday
The resumption of oil production at Libya's El Sharara field has also weighed on prices, although the key issue is still when the blockade at its eastern oil ports will end
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