Oil Futures Mixed Ahead of Stock Data, Fed Announcement dtnpf.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dtnpf.com Daily Mail and Mail on Sunday newspapers.
Oil prices rise after new doubts cast over US and Iran nuclear talks
Oil prices rise after new doubts cast over US and Iran nuclear talks
Business 2 min read
24 May, 2021
Anticipated Iranian oil exports had pushed prices down, but disagreements over the inspection of sites has given a bump to markets. A lifting of US sanctions would allow Iran to resume oil exports [Getty]
Oil prices rose Monday amid speculation that talks between the US and Iran to revive the 2015 nuclear deal were faltering, according to reports by
Reuters.
Both Brent crude oil and US West Texas Intermediate July futures rose by 0.6 percent, after previously dropping in anticipation of increased supply with the expected successful outcome of nuclear talks.