Crude oil rose as Iranian talks stalled

Note: This section contains information in English only.
Source: Forexpros
Crude oil prices increased in Asian session on Monday amid stronger than initially expected US consumer confidence data and failure of Iranian talks to reach a consensus on nuclear program. Moreover, indications that pro-austerity parties are gaining popularity in Greece also lifted the price. Light, sweet crude oil futures for July delivery traded at 91.47 US Dollars per barrel on the New York Mercantile Exchange, rising by 0.67% from previous session's low of 90.98 US Dollars per barrel.

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