Oil prices fell today as traders see first signs from China’s import data that crude may be getting too expensive for the buy-side
nuclear deal
Posted inExploration & Production
Oil gains on OPEC+ conservatism, demand recovery and Iran negotiations lag
Oil prices rose again today on a bullish market sentiment after yesterday’s OPEC+ meeting and on positive demand indications. Meanwhile a lag in negotiations for a nuclear deal with Iran also assisted the ascent
Posted inExploration & Production
Oil feels minor effect of Iran nuclear deal negotiations but keeps high levels on demand optimism
Oil prices are losing some dollar cents today on the back of negotiations with Iran to revive a nuclear deal and restart exports, but summer demand optimism is keeping levels high.
Posted inDRILLING & PRODUCTION
Iran nuclear talks should be ‘strict’, involving KSA: French president
President Emmanuel Macron warned that Iran was moving closer to developing a nuclear device