Crude Reverses Gains: Can Potential US-Iran Peace Talks Prevent a $110 Oil Price Shock?

Oil prices fell over $1 on Tuesday, reversing gains in the previous session, on expectations peace talks between the U.S. and Iran will take place this week and lead to more supply to flow from the key Middle East producing region.Brent crude futures declined $1.04, or 1.1%, at $

Read More

  • Related Posts

    US Dollar Supported by Geopolitical Risk as Iran Peace Talk Uncertainty Persists

    The U.S. dollar edged higher on Tuesday after falling the day before as uncertainty over Middle East peace talks kept investors on the sidelines.The United States expressed confidence that peace talks with Iran would go ahead in Pakistan, but significant hurdles remain as the end Read More

    RBI Withdraws NDF Restrictions But Sources Say Banks Refuse Client Trades on Regulatory Risk

    Indian banks are still holding back from offering Indian rupee non-deliverable forwards to clients, despite the central bank lifting restrictions imposed three weeks ago when the rupee slid to an all-time low, four sources said.The Reserve Bank of India on Monday withdrew restric Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *