Crude Prices Retreat on Truce Hopes While Middle East Risks Keep Brent Over $100
Oil prices declined on Monday after reports of a possible energy truce between Russia and Ukraine and plans for additional Russian diesel shipments. Brent crude fell to $103.18 a barrel and WTI to $90.31, while diesel benchmark ICE gasoil dropped 3%. A deadly strike on Riyadh's airport and other Middle East tensions helped keep Brent above $100, and Russia has not confirmed the truce.
... No extra. Plain text. Need maybe no markdown. Good. Potential issue: "settling" not in source? It says dropped to. "settling" implies closing? Could be okay but maybe not. Better "to" not settling. "Brent lost $1.54, or 1.47%, to $103.18 a barrel" awkward. "Brent fell $1.54, or 1.47%, to $103.18 a barrel" source phrasing? Source: "Brent futures dropped USD 1.54, or 1.47%, to USD 103.18 a barrel." We need never copying source phrasing. "Brent fell $1.54, or 1.47%, to $103.18 a barrel" is close. But factual numbers. Could rephrase: "Brent's front-month contract declined by $1.54, a 1.47% drop, reaching $103.18 per barrel." That's original. WTI: "US crude slipped $1.54, or 1.68%, to $90.31." Source says "US West Texas Intermediate fell USD 1.54, or 1.68%, to USD 90.31." Close. Rephrase: "US West Texas Intermediate ended at $90.31 after a $1.54 decline, equal to 1.68%." ICE gasoil: "The diesel benchmark ICE gasoil shed 3%, trading at $1,436 a tonne." Source: "ICE gasoil futures, a ben