Arab Today, arab today oil falls below 109 on progress in iran talks
Last Updated : GMT 19:57:05
Arab Today, arab today
Arab Today, arab today

Oil falls below $109 on progress in Iran talks

Arab Today, arab today

Arab Today, arab today Oil falls below $109 on progress in Iran talks

London - Arabstoday

Oil fell below $109 a barrel yesterday as signs of a deal over Iran\'s nuclear programme eased fears of oil supply disruptions and as a report predicted more misery for the Eurozone. The United Nations nuclear agency chief said yesterday he expected to sign a cooperation deal with Iran. Yukiya Amano, director general of the International Atomic Energy Agency (IAEA), told reporters after returning from Tehran, where he held talks with senior Iranian officials. Brent oil prices reversed early gains to trade 5 cents down at $108.76 a barrel by 1245 GMT and US crude slipped 40 cents to $92.17 a barrel.New sanctions Major powers will meet Iran today in Baghdad to discuss its nuclear programme, but tensions with the West remain high as the US Senate approved a package of new economic sanctions on Iran\'s oil sector on Monday. \"The mere possibility of the negotiations failing is keeping markets on their toes,\" said David Wech from JBC Energy. Consultant Olivier Jakob at Petromatrix in Zug, Switzerland said the Baghdad meeting could set the tone for some time. \"The IAEA and Iran seem to have made some progress in Tehran yesterday for a new momentum on inspections,\" he said. \"Tomorrow\'s meeting should be a key input for the trading range of the next few weeks.\" Worries about the loss of supply from Iran, Opec\'s second largest producer, have kept Brent futures prices between $110 and $125 per barrel for most of 2012. Full embargo The European Union is due to impose a full embargo on Iranian oil imports from July and Washington is also pushing major Asian customers to cut Iranian oil purchases. But those worries have been overshadowed by a debt crisis in the Euro-zone and aggravated by a poor set of US and Chinese data, which have pushed oil below $110 during the past week.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil falls below 109 on progress in iran talks Arab Today, arab today oil falls below 109 on progress in iran talks

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday