Oil prices slip about 1.5% on high US crude stocks and US-Iran positivity is drawing significant interest across the industry.
Brent crude futures were down 95 cents, or 1.3 per cent , at $69.90 a barrel ?by 1351 GMT. WTI futures lost $1.06, or 1.6 per cent , to $64.36
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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