Brent hovers near $109 as Iran, Fed policy in focus
Obama pledges diplomacy with Iran; no Rouhani meeting * Uncertainty about U.S. Federal Reserve policy outlook weighs * Iraq boosts oil output after stopping pipeline leak SINGAPORE, Sept 25 (Reuters) - Brent crude oil futures were little changed on Wednesday and hovered near $109 a barrel, with investors watching whether relations between the United States and Iran will thaw and if it will impact a long-running nuclear dispute. Uncertainty about the U.S. Federal Reserve's outlook for monetary stimulus added to investor caution. Checking any ...
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