Oil prices recover as Iran talks, Greek crisis drag on
Oil futures prices fell Wednesday after the Department of Energy reported an unexpected increase in US stockpiles last week, further dampening sentiment. (File photo: Reuters)/ Oil prices recovered Thursday after the Iran nuclear talks were extended until July 7, giving oversupplied markets a breather despite uncertainty over the Greek financial crisis, analysts said. US benchmark West Texas Intermediate (WTI) for August delivery was up 10 cents at $57.06 in late morning Asian trade while Brent was 23 cents higher at $62.24. "With the ...
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