Oil Prices Poised For A Breakout As WTI Nears $70 ...Middle East

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Oil Prices Poised For A Breakout As WTI Nears $70
source : OILPRICE ( Middle East ) () 8
Oil prices were rising early on Friday and headed to a second consecutive week of gains after the U.S. signaled that there may not be an imminent announcement of an agreement for the United States and Iran to return to the Iranian nuclear deal. As of 9:21 a.m. EDT on Friday, WTI Crude was nearing the $70 mark and traded at $69.51, up by 1.03 percent. Brent Crude was also rising and seeking to break the $72 threshold—it traded at $71.88, up 0.81 percent. Oil prices have risen for most of this week amid signs of recovering demand in the United…

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