Oil Slips Amid Prospects of U.S.-Iran Talks

Core Viewpoint - Oil prices have decreased during the morning Asian session, influenced by discussions surrounding upcoming U.S.-Iran negotiations which have reduced the immediate risk premium according to Citi Research [1] Industry Summary - Oil prices experienced a decline in the Asian market, indicating a shift in market sentiment [1] - The easing of the risk premium is attributed to the ongoing discussions about U.S.-Iran negotiations, suggesting potential stabilization in geopolitical tensions affecting oil supply [1]