Oil prices on international markets fell by more than 4% on Monday, while the price of natural gas declined further, amid optimism for an end to the military conflict in Ukraine and an imminent meeting between the Russian President and the President of Ukraine.
Specifically, Brent crude oil was down 4% or $3.9 at around 12.33 Cyprus time to $108.2 a barrel, while US WTI crude was down 5.1% or $4.5 at $103.7 a barrel.
(CNA)
CNA
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