(MENAFN) Oil costs slightly lower on Tuesday as the outlook of a revival "very soon" of the 2015 Iran nuclear agreement relieved supply worries.
International main Brent crude was exchanging at USD96.06 a barrel at 09.58 AM regional time (0658 GMT) for a 0.61 percent decline from the ending cost of USD96.65 per barrel in the last exchange session.
American main West Texas Intermediate (WTI) stood at USD90.20 a barrel at the same time for a 0.62 percent decline after the previous session finished at USD90.76 per barrel.
Recovering from last week’s multi-month decreases on Monday, costs dropped once more as unintended discussions on reviving Iran’s nuclear consensus among Tehran as well as Washington arbitrated by the European Union concluded in the Austrian capital Monday, with a final draft of the deal on the table.
Iran assured relative progress on outstanding problems in this round of discussions that started Thursday following a five-month stop, with talks still in for discussion.
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