Arab Today, arab today oil prices mixed after iran nuclear talks
Last Updated : GMT 15:47:38
Arab Today, arab today
Arab Today, arab today

Oil prices mixed after Iran nuclear talks

Arab Today, arab today

Arab Today, arab today Oil prices mixed after Iran nuclear talks

New York - AFP

Oil prices were mixed on Monday after weekend talks between Iran and world powers regarding the Islamic republic's nuclear program eased concerns over crude supplies, according to analysts. In New York trade the benchmark West Texas Intermediate for May delivery added 10 cents from Friday's close to end at $102.93 a barrel. In London, Brent North Sea crude for delivery in June slid $2.53 to stand at $118.68. Oil prices fell in early trade on reports that Iran and six major powers held "constructive" talks on Iran's nuclear program over the weekend, said IG Markets analyst Justin Harper. "This has helped take some of the 'war premium' out of energy prices." But US prices were more buoyant in the wake of robust US retail sales data for March, traders said. Saturday's nuclear talks between officials from Iran and diplomats from the so-called P5+1 group comprising the United States, Russia, China, Britain, France and Germany have largely been described as "positive" by both sides. "The weekend discussions between the P5+1 group and Iran suggest that Iran is being constructive enough to avoid any US/Israeli rush to judgment," said PVM brokers analyst David Hufton, referring to fears that Israel and the United States would launch an attack on Iran's nuclear facilities. In other oil news, Argentina announced it would forcibly seize a 51 percent shareholding in the country's biggest oil company, YPF, controlled by Spain's Repsol, despite warnings from Madrid and European Union officials. Also on Monday Russia's oil giant Rosneft detailed a strategic alliance with ExxonMobil including agreements to create joint ventures that will manage offshore exploration programs in the Arctic and Black Sea. "Today Rosneft and ExxonMobil enter offshore projects of unprecedented scale in the Russian Arctic and Black Sea regions, which are home to the world's largest hydrocarbon resources base," said Rosneft President Eduard Khudainatov. Rosneft subsidiaries will also gain 30 percent stakes in ExxonMobil's projects in West Texas, the US Gulf of Mexico and Canada, the statement said.

arabstoday
arabstoday

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 prices mixed after iran nuclear talks Arab Today, arab today oil prices mixed after iran nuclear talks

 



Arab Today, arab today

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 prices mixed after iran nuclear talks Arab Today, arab today oil prices mixed after iran nuclear talks

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 10:39 2017 Monday ,26 June

Authorities release Assala under conditions

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
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