OIL FUTURES: Crude prices decline further on easing Ukraine tensions, restart of Iran nuclear talks

Oil futures saw a second down session Feb. 8 amid easing Ukraine tensions and the restart of US-Iran nuclear talks. NYMEX March WTI settled $1.96 lower at $89.36/b and ICE April Brent declined $1.91 to $90.78/b. “Ukraine is the big one, [with] the possibility of easing tensions after the Macron talks,” Michael Poulsen, Senior Oil Risk Manager at Global Risk…