WTI Crude Returns to $100 Mark Amid Uncertain Middle East Peace Prospects

(CNA London, 21st, Comprehensive Foreign Report) International oil prices trended higher today as contradictory information regarding the progress of US-Iran negotiations dampened market expectations for a Middle East peace agreement, with West Texas Intermediate crude returning to the $100 per barrel mark. As of approximately 11:30 GMT, London's Brent North Sea crude for July delivery rose by 1.7% to $106.80 per barrel. On the New York Mercantile Exchange, West Texas Intermediate crude for July delivery climbed 2.2% to $100.39 per barrel. (Translator: Chen Yan-Chun)