Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns

April 29, 2024

Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel before ticking back up to $88.55 at 0149 GMT. West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at $83.01 a barrel.

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