U.S. fiscal talks suffer again, crude oil prices fall again

international oil prices closed lower on Tuesday (October 15) and extended their losses before the close of trading, as investor confidence was dented when the U.SSenate suspended further negotiations on fiscal issues until House Republicans worked out a supported solution to the debt ceilingSeparately, House Republicans on Tuesday struggled to find a strategy to resolve the fiscal impasse, complicating the prospect of a deal with President Barack Obama to reopen the administration and raise the debt ceilingHouse Speaker John Boehner said he had not yet decided how to move forward with the plan, but would work to ensure that the U.Sdoes not defaultU.Scrude and Brent crude fell throughout the day Tuesday as investors faded hope of a U.Sdeal to end the debt crisisIn addition, the Iranian side and world powers began meeting in Geneva on the same day to discuss the country's nuclear solution, which makes the Middle East crude oil supply prospects continue to be optimisticMeanwhile, U.Sstocks fell to intraday lows in afternoon trading as Senate fiscal negotiations were suspendedBrent crude futures fell $1.14 to settle at $109.90 a barrel, the third straight day of declinesU.Scrude futures also fell about $0.40 to settle down $1.20 at $101.21 a barrel on news of the Senate's suspensionU.Scrude and Brent crude oil continued to fall in after-hours tradingThe Energy Information Association (EIA) will not release weekly crude oil inventory data this week for the first time since 1979 because of a lack of funding But the American Petroleum Institute (API) will still release its weekly inventory data on Wednesday JBa international oil prices closed lower on Tuesday (October 15) and extended their losses before the close of trading, as investor confidence was dented by the U.S Senate's suspension of further negotiations on fiscal issues until House Republicans worked out a supported solution to the debt ceiling 　　Separately, House Republicans on Tuesday struggled to find a strategy to resolve the fiscal impasse, complicating the prospect of a deal with President Barack Obama to reopen the administration and raise the debt ceiling House Speaker John Boehner said he had not yet decided how to move forward with the plan, but would work to ensure that the U.S does not default 　　U.S crude and Brent crude fell throughout the day Tuesday as investors faded hope of a U.S deal to end the debt crisis In addition, the Iranian side and world powers began meeting in Geneva on the same day to discuss the country's nuclear solution, which makes the Middle East crude oil supply prospects continue to be optimistic 　　Meanwhile, U.S stocks fell to intraday lows in afternoon trading as Senate fiscal negotiations were suspended 　　Brent crude futures fell $1.14 to settle at $109.90 a barrel, the third straight day of declines U.S crude futures also fell about $0.40 to settle down $1.20 at $101.21 a barrel on news of the Senate's suspension U.S crude and Brent crude oil continued to fall in after-hours trading 　　The Energy Information Association (EIA) will not release weekly crude oil inventory data this week for the first time since 1979 because of a lack of funding But the American Petroleum Institute (API) will still release its weekly inventory data on Wednesday JBa
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