Oil Edges Lower as Investors Weigh Odds of Iranian Nuclear Deal

Oil prices declined for a third consecutive day as the market reacted to conflicting signals over the potential for a diplomatic breakthrough between the United States and Iran. The key question on traders’ minds is whether the two nations can secure a nuclear deal and avert a military confrontation. West Texas Intermediate, the US benchmark, […]

Oil Rises to Highest Since August on Iran Conflict Concerns

Oil prices climbed to their highest level since August as growing concerns about a potential new conflict between the US and Iran put markets on edge. The price of West Texas Intermediate crude rose to more than $66 a barrel, while the global benchmark Brent settled just below $72. The tension stems from a significant […]