Oil Set for Weekly Loss Despite Earlier Gains

Oil prices fell after a volatile trading week.

The US extended a 10-day deadline on Iran.

Trump signaled potential progress in talks.

This eased market concerns.

Brent fell to $107.11 per barrel.

WTI dropped to $93.65.

Prices had surged earlier in the week.

However, weekly losses are now expected.

Markets continue monitoring political developments.

Oil remains tied to global events.