Reported about 16 hours ago
Oil prices decreased amid volatility as concerns mounted over the uncertainty of US-Iran negotiations on the nuclear deal. Iran's Supreme Leader Ayatollah Ali Khamenei expressed skepticism about the success of the talks and urged the US to cease its rhetoric. This uncertainty has led to fluctuating prices, with West Texas Intermediate trading below $62 and Brent briefly reaching $66 before falling. Traders are hesitant as conflicting news continues regarding sanctions and global oil supply.
Source: YAHOO