dijlahpoint - Oil prices recorded a slight decline, influenced by the prospects of reaching diplomatic solutions to alleviate concerns regarding global supply disruptions in the markets.

Despite this limited decline, Brent crude futures settled near high levels, in light of ongoing regional challenges and their potential impacts on the energy sector and vital shipping routes.

Trading of the two benchmark crudes witnessed slight decreases including Brent and US West Texas Intermediate, while markets cautiously await political and diplomatic developments and their direct impacts on the stability of production and export.