Oil prices slid more than 3 per cent on Thursday, falling for the first time in six days, as fears over instability in Iran eased after US President Donald Trump signalled he would hold off attacking Iran.
Brent, the benchmark for two thirds of the world's oil, was trading 3.14 per cent lower to $64.43 a barrel at 8.20am on Thursday. West Texas Intermediate, the gauge that tracks US crude, retreated 3.21 per cent to $60.03 per barre
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