Oil Declines as Officials in Pakistan Say US-Iran Talks Expected

A poster showing Iranian Supreme Leaders in Tehran, on April 23. 

Photographer: Majid Saeedi/Getty Images 

Oil futures declined, erasing earlier gains, as officials in Pakistan said a second round of US-Iran talks was expected.

Brent futures fell as much as 1.6% to $103.41 a barrel in London. WTI also declined.