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Oil rises to $ 57 because of Iran talks
7/8/2015 22:17:09
Oil recovered from its lowest level in three months to rise to about $ 57 a barrel on Wednesday after a report showed a larger than expected drop in US stockpiles and the failure of Iran talks to reach an agreement. Oil and subjected to downward pressure with the acceleration of the pace of decline in the Chinese stock markets as Greece's debt crisis has raised questions about energy demand. The price of Brent crude rose 50 cents to $ 57.35 a barrel by 1010 GMT, after falling earlier to $ 55.87. Brent has fallen to $ 55.10 on Tuesday, recording its lowest level since April. US light crude rose 40 cents to $ 52.73 a barrel. Iran and the granting of negotiators of the six world powers themselves a chance until at least Friday to conclude a final agreement on Tehran's nuclear program. The prices received support from expectations that US stockpiles to the latest weekly data will show a decline. A report of the American Petroleum Institute on Tuesday, lower inventory 958 thousand barrels before the release of official data on Aloravae.anthy 29 / d 25
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7/8/2015 22:17:09
Oil recovered from its lowest level in three months to rise to about $ 57 a barrel on Wednesday after a report showed a larger than expected drop in US stockpiles and the failure of Iran talks to reach an agreement. Oil and subjected to downward pressure with the acceleration of the pace of decline in the Chinese stock markets as Greece's debt crisis has raised questions about energy demand. The price of Brent crude rose 50 cents to $ 57.35 a barrel by 1010 GMT, after falling earlier to $ 55.87. Brent has fallen to $ 55.10 on Tuesday, recording its lowest level since April. US light crude rose 40 cents to $ 52.73 a barrel. Iran and the granting of negotiators of the six world powers themselves a chance until at least Friday to conclude a final agreement on Tehran's nuclear program. The prices received support from expectations that US stockpiles to the latest weekly data will show a decline. A report of the American Petroleum Institute on Tuesday, lower inventory 958 thousand barrels before the release of official data on Aloravae.anthy 29 / d 25
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