Oil prices experienced a slight decline on Thursday, following a significant increase in the previous session. Brent crude futures dropped by $0.94, or 0.9%, to trade at $102.13 per barrel.
US West Texas Intermediate (WTI) crude also fell, down $0.59, or 0.7%, to trade at $91.56 per barrel. The decrease in oil prices comes after Iran signaled its openness to diplomacy to resolve the US-Iran conflict.
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