Oil sold off Tuesday ahead of a decision by President Donald Trump on whether to abandon the Iran nuclear deal, as traders speculated that the U.S. would be open to further negotiation. Light, sweet crude for June delivery fell 3.6% to $68.18 a barrel on the New York Mercantile Exchange, one day after prices notched the highest close since November 2014. Brent, the global benchmark, declined 3.1% to $73.82 a barrel. Geopolitical...

Source: Wall Street Journal May 08, 2018 07:44 UTC