Crude oil tumbled as Iranian negotiations progressed

Note: This section contains information in English only.
Source: Forexpros
Crude oil futures retreated during the Asian session on Monday following the progress of the Iranian negotiations with Western economies regarding its nuclear programme. The negotiations are likely to result in consensus and will be continued in May. Light, sweet crude oil futures for May delivery traded at 102.83 US Dollars per barrel on the New York Mercantile Exchange, falling by 0.47% from the previous session's high of 103.25 US Dollars per barrel.


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