Oil prices climb on stronger demand, uncertainty over Iran deal
An oil refinery is seen with the Rocky Mountains freshly covered with snow in the background in Denver October 14, 2014./ Oil prices rose in Asian trade on Wednesday on hopes for stronger than expected U.S. crude demand, while doubts over reaching an agreement next week over Iran's nuclear program eased oversupply concerns. Brent crude for August delivery had climbed 10 cents to $64.55 a barrel by 0215 GMT, after settling up $1.11, or 1.8 percent, in the previous session. U.S. crude for August delivery gained 12 cents to $61.13 a barrel, ...
Click
To Read Full Article