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Oil Falls on Al Jazeera Israel Ceasefire Headline

OIL

Oil falling on Al Jazeera headlines about possible ceasefire in Israel having risen during earlier trade on US strikes on Iranian targets in Syria yesterday.

  • Headline repeated from above for context: Sources for Al Jazeera: Negotiations are progressing rapidly to achieve a ceasefire agreement and an exchange deal between Hamas and Israel, mediated by Qatar"
  • Brent DEC 23 up 1.2% at 88.98$/bbl
  • WTI DEC 23 up 1.3% at 84.28$/bbl

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