WTI Crude Gained as Iran Talk Failed and Breakthrough of Greece Issue Possible
NatishaWagonerAfter declining for 5 days, the front-month contract for WTI crude oil posted a +2.19% gain on Thursday. Iran and P5+1 (US, UN, Russia, UK, France and Germany) failed to reach a nuclear agreement whilst the +6.4% rebound in Chinese equities lifted sentiment. Brent crude contract rose for a third consecutive day, gaining +2.73% to 58.61 at close.
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WTI Crude Gained as Iran Talk Failed and Breakthrough of Greece Issue Possible
