Wednesday, 1 April 2015

Oil prices edge lower as Iran talks extend beyond deadline | Reuters

Oil prices edge lower as Iran talks extend beyond deadline | Reuters:



"Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran's nuclear program would be reached that could allow more Iranian crude into world markets.



Talks between Iran and six world powers to settle a dispute around Tehran's nuclear program extended beyond a Tuesday deadline, as the parties edged towards a deal but failed to agree on crucial details such as the lifting of U.N. sanctions.



China's foreign minister, Wang Yi, said on Wednesday there was "significant progress in core issues" in talks with Iran."



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