Oil falls as diplomacy hopes outweigh Middle East escalation fears

Brent crude futures declined $1.27, or 1.1%, to $114.05 a barrel by 0922 GMT International News via Reuters: Oil prices fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. Brent crude futures declined $1.27, or […]