Crude oil prices drop to 2-week low amid US-Iran negotiations

Oil ‌prices hit two-week lows on Monday, with Brent crude futures falling $4.71, or 4.55%, to $98.83 ​a barrel. Meanwhile, US West Texas Intermediate ​was at $92.03 a barrel, down $4.57, or 4.73%. This came after US President Donald Trump said that the negotiations between the US and Iran were "proceeding in an orderly and constructive manner".