Oil Holds On to Gains After Trump’s Iran Decision - News Summed Up

Oil Holds On to Gains After Trump’s Iran Decision


Oil prices wavered between gains and losses Friday morning but hovered near the more-than-three-year highs reached after President Donald Trump’s decision to pull the U.S. out of the Iran nuclear deal. U.S. crude futures recently traded down 12 cents, or 0.17%, at $71.24 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell 8 cents, or 0.1%, to $77.39 a barrel on ICE Futures Europe.


Source: Wall Street Journal May 11, 2018 10:19 UTC



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