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Oil Rises On Iran Fears, Easing Of Eurozone Worries
Published on Monday, 28 May 11:50 am
Oil prices edged higher in Asian trade Monday, as Iran and major Western powers failed to reach agreement in Baghdad over Tehran’s nuclear program, reports AFP. Markets were also supported by signs Greeks would elect a pro-austerity government . WTI crude for July delivery was up 84 cents to $91.70/B , while Brent crude for July delivery gained 55 cents to $107.38/B in morning trade in Singapore.
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