WTI crude futures were down 0.7% at $102.10 a barrel, while Brent crude was down 0.6% at $114.60 a barrel. The price drop comes amid reports of attempts to renew peace negotiations with Iran with the participation of the Vice President of the United States J. Dee Vance, Wall Street Journal writer. At the same time, according to ANZ Research analysts, risks to the market remain high due to the ongoing attacks by the Yemeni Houthis on Saudi Arabia's energy infrastructure.

WTI crude futures were down 0.7% at $102.10 a barrel, while Brent crude was down 0.6% at $114.60 a barrel. The price drop comes amid reports of attempts to renew peace negotiations with Iran with the participation of the Vice President of the United States J. Dee Vance, Wall Street Journal writer. At the same time, according to ANZ Research analysts, risks to the market remain high due to the ongoing attacks by the Yemeni Houthis on Saudi Arabia's energy infrastructure.