Oil Prices Edge Higher as Iran Deal Doubts Resurface ...Middle East

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Oil Prices Edge Higher as Iran Deal Doubts Resurface
source : OILPRICE ( Middle East ) () 36
Oil prices edged higher in early Asian trade on Thursday, rebounding from the previous session’s steep selloff, as investors reassessed the chances of a near-term U.S.-Iran peace agreement and weighed continuing disruptions to Middle East energy flows. Brent crude futures rose 0.66%, to $101.94 a barrel in early trade, while U.S. West Texas Intermediate crude gained 0.74% to trade at $95.78 a barrel. Both benchmarks tumbled more than 7% on Wednesday after reports suggested Washington and Tehran were moving closer to a framework agreement…

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