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Oil Prices Decline for the Second Day Amid Hopes of Easing Tensions Between Washington and Tehran

May 6, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
Oil Prices Decline for the Second Day Amid Hopes of Easing Tensions Between Washington and Tehran

Oil prices fell for the second consecutive day this Wednesday. Brent crude futures for July dropped by $1.52, or 1.38%, to $108.35 per barrel, after a 4% decline in the previous session. West Texas Intermediate crude futures for June fell by $1.50, or 1.47%, to $100.77, after closing down 3.9% the day before.

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