Crude oil futures end lower amid profit booking
The talks between the U.S. and Iran scheduled to be held in Oman on Friday
After two consecutive sessions of gains, Crude oil futures ended lower on Thursday as traders preferred to book their profit. Besides, upcoming U.S.-Iran talks and ongoing Russia-Ukraine negotiations dragged the prices. The talks between the U.S. and Iran scheduled to be held in Oman later in a day.
Benchmark crude oil futures for March delivery declined $1.85 or 2.84% to settle at $63.29 a barrel on the New York Mercantile Exchange. Brent crude for April delivery decreased $1.91 or 2.74% to settle at $67.55 a barrel on London's Intercontinental Exchange.
