Brent trades near the highest in nine month

Source: Bloomberg
Brent traded near the highest level in nine month after advancing for the fourth week.  It is said that world powers will not be able to stop Iran's technological progress. Brent for March delivery slid by 29 cents to $118.61 a barrel, while the contracts rose $1.66 to $118.90, the strongest since May. Meanwhile WTI oil for March settlement stood at $95.55 a barrel, and the volume of all futures traded was 41% lower than the 100-day average.

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