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Global oil prices ease as supply concerns cool

Brent crude slipped below its recent range, offering some relief to import-dependent economies including India.

Global oil prices ease as supply concerns cool
London: Global oil prices ease as supply concerns cool. (DBNEWS photo)

London: Brent crude slipped below its recent range, offering some relief to import-dependent economies including India.

Diplomats said the talks were constructive but acknowledged that differences remain on several key issues.

India's position, officials said, continues to emphasise fairness, development priorities and the needs of the Global South.

What happens next

Cooperation is not optional any more — the challenges are simply too big for any one country, a senior negotiator said.

Representational image
Representational image. (DBNEWS file photo)

The next round of discussions is expected early next year, with working groups meeting in the interim.

DBNEWS will continue to track this story and update readers as more details emerge. Follow DBNEWS for the latest from London, Karnataka and across India.

KS
Business Editor

Karthik Shetty

Karthik tracks markets, MSMEs and Karnataka's industrial economy, with a focus on exports, manufacturing and policy.

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Global oil prices ease as supply concerns cool | DBNEWS