Tuesday, 1 May 2018

Oil pares gains, market supported by Iran worries | Reuters

Oil pares gains, market supported by Iran worries | Reuters:

"Oil prices held steady on Tuesday as the dollar remained near a four-month high, with crude supported by worries that U.S. President Donald Trump may pull out of the Iran nuclear deal.

U.S. West Texas Intermediate crude for June delivery CLc1 was up 2 cents at $68.59 a barrel by 0649 GMT, after settling up 47 cents on Monday.

 London Brent crude LCOc1 for new July delivery was up 1 cent at $74.70. The June contract expired on Monday, settling up 53 cents at $75.17.

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