Brent crude oil prices fell $3.58, or 4.10 percent, to $83.75 per barrel at 6:04 a.m. Bangladesh time on Monday (June 15). At the same time, US West Texas Intermediate (WTI) oil prices fell $4.01, or 4.72 percent, to $80.87 per barrel.
Earlier, Pakistan Prime Minister Shehbaz Sharif, the country that brokered the peace deal between Iran and the United States, said that the United States and Iran will sign a memorandum of understanding in Switzerland next Friday (June 19).
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