Oil Prices Slide Amid Hopes of US-Iran Deal
Oil prices retreated in Asian trading on September 25 due to market optimism over the possibility of a US-Iran deal.
Brent crude fell by $0.74, or 0.69 percent, to $105.85 per barrel, while West Texas Intermediate (WTI) crude declined by $0.81, or 0.86 percent, to $93.80 per barrel.
This follows yesterday's rise in oil prices, which had reached their highest levels in a week. Brent settled 3.4 percent higher and WTI gained 2.7 percent.