Oil down as Iran races for Tuesday deadline on nuclear deal
Plants are pictured near an oil pump, owned by oil company Rosneft, in the settlement of Akhtyrskaya in Krasnodar region, southern Russia, December 21, 2014./ (Reuters) - Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on Tehran's nuclear programme that could end Western sanctions and allow the OPEC member to ship more crude into an already flooded market. Crude prices finished sharply off the day's lows, however, as prospects that the talks would produce a deal looked even at ...
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