USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

140

Iran Continues to Keep Oil Price High

Iran's nuclear ambitions were keeping a high floor on prices

Iran Continues to Keep Oil Price High

Crude oil prices rose Monday as the uncertain outlook for crude supplies out of Iran and Nigeria supported prices amid an absence of fresh news.

Light, sweet crude for May delivery rose 18 cents to $66.81 a barrel in electronic trading on the New York Mercantile Exchange.

May Brent crude futures on the ICE Futures exchange in London rose 73 cents to $66.64 a barrel.

Iran's nuclear ambitions were keeping a high floor on prices and supporting the uptrend, analysts said.


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