Oil prices fell, during today’s trading, by regarding 5%, and the US “West Texas Intermediate” crude fell below the level of $ 100 a barrel.
The decline in black gold prices came in light of positive signs for the talks between Russia and Ukraine in Turkey, which took place today, and Vladimir Medinsky, Russia’s chief negotiator said following the talks that the talks between Moscow and Kiev were constructive.
US West Texas Intermediate crude futures fell 6.45% to $99.13 a barrel.
Meanwhile, Brent crude futures fell 6.18% to $105.53 a barrel, according to Bloomberg website data.
