Crude Oil Falls Over 1% Amid West Asia Ceasefire Hopes

Crude Oil slipped more than one per cent yesterday, losing ground for a third straight session on hopes of a ceasefire agreement in the West Asia.

The Brent Crude oil futures was down by 1.25



per cent to trade at 85 dollar and 25 cents, whereas Western Texas Intermediate was lower by 1.38 per cent at 80 dollar and 80 cents when reports last came in.