NYMEX crude falls sharply in Asia as investors eye Yemen, Iran talks
Crude oil priced dipped sharply in Asia on Thursday with investors warily watching events on the Arabian peninsula in Yemen and seeking clarity on a possible deal over Iran's nuclear program and related economic sanctions. On the New York Mercantile Exchange, WTI crude for May delivery slumped 1.26% to $49.46 a barrel. surged more than 5% on the penultimate day of trading this week, as negotiations concerning Iran's nuclear program dragged into the last-minute on Wednesday evening in Switzerland. While Iran and its negotiating partners ...
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