Oil
Crude prices rallied as the oil market looks like it will remain very tight after indirect nuclear deal talks between the US and Iran ended without result. The supply outlook for crude is looking vulnerable and could see some disruptions lead to much higher oil prices. Ecuador’s oil production is declining rapidly, down 1.8 million barrels during the 15 days of protest. Libya is suspending oil exports from the Es Sider port.
Unless the EIA crude oil inventory report posts a surprisingl
29-06-2022 09:34 GMT
by Edward Moya
