Oil Steadies a Day After Iranian Missile Strike Knocks Prices

Oil prices steadied on Thursday a day after tumbling on concerns raised by an Iranian missile strike on Iraqi bases hosting U.S. forces.

Brent crude futures were down 5 cents at $65.40 a barrel by 0728 GMT after a 4.1 per cent fall on Wednesday.

They are now lower than they were ahead of the Jan. 3 killing of Iranian military commander Qassem Soleimani in a U.S. drone attack in Iraq, which prompted the Iranian response.

West Texas Intermediate futures were…

View entirety: Economic Times