Energy markets awats freah stimulus from Iran

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Source: Dukascopy Bank
Energy prices, excluding heating oil, decreased on Monday on the depreciating Euro against the US Dollar amid Greek debt restructuring talks. At the same time, colder weather in The US managed to back up heating oil price but failed to limit losses of the natural gas futures. Crude and Brent oil may seek support on the geopolitical risks as Iran may cease exporting oil to some European countries. Moreover, the Iranian issue is likely to face fresh stimulus as International Atomic Agency started three-day visit to Iran aimed at discussing country's nuclear programme.


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Tue, 31 Jan 2012 17:46:28 GMT

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