Price Trends Reports - Crude Oil

#1
In the last fortnight the selling offers for Crude oil declined. In the beginning of the first half of the last fortnight, Crude oil price in Asian market opened with a pressure, as energy market was weak, due to improved supply from Indonesian market. Traders did try to learn effect of sanctions on Iranian Crude oil exports. During the second half of the last fortnight the price of Crude oil remained soft. The fall in Crude oil prices was also due to Irans agreement to resume talks on its nuclear program.

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