UPDATE 1-Brent sticks above $60; Iran news offsets bearish US stockpiles data
U.S. crude stockpiles up 10.3 mln barrels last week - EIA * Saudi Arabia expects oil price to stabilise (Adds quotes, updates prices) SINGAPORE, March 5 (Reuters) - Brent crude was flat on Thursday, managing to hold above $60 a barrel as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear programme. Tehran's ambassador to the International Atomic Energy Agency (IAEA) said on Wednesday no deal had been reached on the duration of any possible final agreement with world powers on ...
Click
To Read Full Article