Oil falls 1% as U.S.-Iran optimism faces U.S.-China trade deal hopes

August 26, 2019 admin Business News Comments Off on Oil falls 1% as U.S.-Iran optimism faces U.S.-China trade deal hopes

Oil prices fell 1% on Monday on the outlook for increased supply of Iranian crude after France’s president lifted hopes for a deal between Washington and Tehran, but losses were limited by optimism surrounding a U.S.-China trade deal.

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Source:: Reuters – Business News