ical Thaw Triggers Sharp Crude Sell-Off Oil prices slid more than 4% on Monday, Feb. 2, after an apparent thaw in tensions
Crude Collapse: Brent Slides to $65 as Geopolitical Risk Premium Evaporates
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Oil prices fell more than 4% on Feb. 2, with Brent dropping to $65.98 and WTI to $61.84, as easing U.S.–Iran tensions and a stronger dollar erased much of January’s geopolitical risk premium. Geopolitical Thaw Triggers Sharp Crude Sell-Off Oil prices slid more than 4% on Monday, Feb. 2, after an apparent thaw in tensions