Oil prices deepened losses following a third consecutive day of talks aimed at reaching an agreement to end the war in the Middle East.
Oil prices deepened losses during Monday trading following a third consecutive day of talks aimed at reaching an agreement to end the war in the Middle East. 
US Secretary of State Marco Rubio said President Donald Trump prefers to end the war with Iran through diplomatic means, although Washington is prepared to use military force.
Goldman Sachs raised its oil price estimates due to rising supply risks, indicating that Brent crude could reach $140 a barrel by 2027, Reuters reported.
This comes after the OPEC+ consortium kept its December production targets unchanged on Sunday, in line with expectations for no additional adjustments to production policy before the coming year.
Changes in oil futures prices
Crude
Price (US$/barrel)
Change value (US$)
Change (%)
Brent(January 2027 delivery)
108.46
(5.01)
(4.42%)
WTI(December delivery)
99.60
(4.55)
(4.37%)
Oil prices deepened losses following a third consecutive day of talks aimed at reaching an agreement to end the war in the Middle East.
Oil prices deepened losses during Monday trading following a third consecutive day of talks aimed at reaching an agreement to end the war in the Middle East.
US Secretary of State Marco Rubio said President Donald Trump prefers to end the war with Iran through diplomatic means, although Washington is prepared to use military force.
Goldman Sachs raised its oil price estimates due to rising supply risks, indicating that Brent crude could reach $140 a barrel by 2027, Reuters reported.
This comes after the OPEC+ consortium kept its December production targets unchanged on Sunday, in line with expectations for no additional adjustments to production policy before the coming year.
Changes in oil futures prices
Crude
Price (US$/barrel)
Change value (US$)
Change (%)
Brent(January 2027 delivery)
108.46
(5.01)
(4.42%)
WTI(December delivery)
99.60
(4.55)
(4.37%)
