USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

139

Oil Price Rose on Iran's Announce

Oil prices rebounded on Monday from two-month lows

Oil Price Rose on Iran's Announce

Oil prices rebounded on Monday from two-month lows on news about Iran's nuclear programme.

Iran has said it will not suspend uranium enrichment, a key demand of an international proposal aimed at resolving the nuclear program row.

Brent crude futures climbed $1.12 to close at $73.42 per barrel while US light, sweet crude settled $1.31 higher at $72.45 per barrel.

There are also worries that hurricanes could hit oilfields in the Gulf of Mexico, bringing disruption to supply there.


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