In the commodity sector, crude oil rebounded despite USD’s continuous strength. Iran insistence that all sanctions must be removed before a final deal can be signed and tensions in Yemen supported prices. The front-month Brent crude contract initially rose to as high as 58.02 before settling at 56.57, up +1.84%, whilst the WTI contract ended the day +0.73% higher.
More:
Renewed Uncertainty in Iran Nuclear Deal Lifted Crude Prices
Leave a Reply
You must be logged in to post a comment.