
Oil & Fuel OilIndustry news
Oil Drops as Iran Diplomacy Gains
Oil extended losses as traders saw fewer signs of military escalation and US sanctions on Iran proved less severe than feared.
Find reporting by keyword, section, company or publication date.
2 results

Oil extended losses as traders saw fewer signs of military escalation and US sanctions on Iran proved less severe than feared.

Producers enter the second half of the year with more spare capacity than the market has priced.