Crude oil prices extend losses for second day on US-Iran peace talks hopes; Brent oil slips below $95 a barrel

Crude oil prices fell for a second straight session amid expectations that US-Iran peace talks may resume, potentially easing supply concerns from the Middle East.

Brent crude futures fell 0.37% to $94.44 a barrel, after declining 4.6% in the previous session. US West Texas Intermediate crude dropped 1.04% to $90.33, following a 7.9% fall in the previous session.

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