Oil gains on Opec supply curbs and slow pace of Iran-US nuclear talks
Oil cartel’s plan to stay with its plan and the slow pace of nuclear talks between Iran and the US support market
02 June 2021 - 12:43
London — Oil prices rose on Wednesday, supported by an Opec+ decision to stick to its plan to restore supply to the market gradually, and by the slow pace of nuclear talks between Iran and the US.
Brent rose 48c, or 0.7%, to $70.73 a barrel at 10.56am, while US West Texas Intermediate was (WTI) up 0.6%, to $68.10...
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