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<Commodity>Oil Prices Sag ~2% as Geopolitical Risks May Wane
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Oil prices sank on Thursday as US President Donald Trump downplayed threats related to Greenland and Iran, and investors weighed supply and demand prospects.

New York oil futures for March delivery sagged by USD1.26 or 2.1% to USD59.36.

Related NewsCore PCE Price Index MoM for Oct in United States is 0.2%, unchanged from its last period.
Brent oil futures for March delivery dropped by USD1.2 or 1.8% to USD64.06.
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