Oil prices fluctuate before upcoming Iran nuclear deal deadline

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Source: Marketwatch
August crude futures rose to $63.65 a barrel, however, the July WTI futures declined 0.4% to $60.97, as investors prepare for the June 30th deadline of the nuclear negotiations between Iran and the West. Meanwhile, US domestic oil inventories declined by 4.9 million barrels last week, which was more than expected. Substantial contraction in oil inventories is usually a signal for investors that oil prices should appreciate.
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