Follow up -INA
Oil futures fell slightly on Friday amid hopes that the United States and Iran will reach an agreement to extend the ceasefire.
Brent crude futures for July delivery, which expire today, Friday, fell 35 cents, or 0.37%, to $93.36 a barrel, while U.S. crude futures dropped 63 cents, or 0.71%, to $88.27 a barrel.
The more actively traded August Brent crude futures contract declined 46 cents, or 0.50%, to $92.24. Prices have fallen more than 8% over the week, with Brent hitting a low of $87.11 compared to a high of $109.47 last week.
