Oil Prices Rebound As Iranian Nuclear Deal Hits A Snag

Oil Prices Rebound As Iranian Nuclear Deal Hits A Snag

OilPrice.com

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Oil prices rebounded from last week's Iran deal optimism-inspired rout, as a new potential "snag" emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, even as Goldman Sachs said last night that the case for higher prices remains intact even with increased Iran exports. Brent crude oil futures for July rose $1.06, or 1.8%, to $67.50 a barrel West Texas Intermediate for July was at $64.73 a barrel, up $1.15, or 1.8%.Oil prices fell almost 3% last week after Iran's president, Hassan Rouhani, said the United States was ready…

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