Oil slides after France and Iran say closer to a nuclear deal
Oil slid more than 2% in early Asian trade on Thursday after both France and Iran said parties are closer to an agreement to salvage Iran`s 2015 nuclear deal with world powers, offsetting ongoing concerns over the situation in Ukraine.
U.S. West Texas Intermediate (WTI) crude was trading down $2.50, or 2.7%, at $91.16 a barrel at 0058 GMT, after it ended up 1.7% the previous day.