Recent developments in the Middle East showed optimism for peace, despite ongoing challenges being addressed. International crude oil prices dropped over 3% on November 25.

West Texas Intermediate (WTI) crude for January delivery decreased by US$2.30 (3.23%), reaching US$68.94/barrel on the New York Mercantile Exchange.

Brent crude for January delivery dropped by US$2.16 (2.87%), settling at US$73.01/barrel.