Baghdad: Oil prices fell at settlement today: Brent crude futures closed the session down 95 cents, or 0.93 %, at $104.87 per barrel. US West Texas Intermediate (WTI) crude futures also fell by $1.61, or 1.58 percent, settling at $100.30 per barrel.

According to National Iraqi News Agency, the decline in oil prices reflects ongoing volatility in the global energy markets. The fluctuations in crude oil prices have been influenced by various factors, including global economic conditions and changes in supply and demand dynamics.

Market analysts continue to monitor these developments closely, as the oil market remains sensitive to geopolitical events and economic indicators. The recent decrease in prices underscores the ongoing challenges faced by the oil industry amid a complex global landscape.