U.S. and Brent crude oil prices briefly fell by about $0.7, as Qatar submitted a new draft agreement to Iran.

BlockBeats news, October 28 - US and Brent crude oil fell about $0.7 from intraday highs, currently at $100.75 per barrel and $110.89 per barrel respectively.

In terms of news, sources say Qatari mediators submitted a new draft agreement to Iran on Sunday, and Iran is considering the proposal and is expected to respond within this week.