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Why Crude Oil Futures Are Up After the Iran Deal

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - July 14, 2015

Crude oil futures surprisingly surged higher today after Iranian negotiations finally culminated in a landmark nuclear deal.

The deal allows Iran to start exporting more oil, which analysts worry will flood the already oversupplied market.

But there's one fundamental reason why prices won't dip lower...

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Why Crude Oil Futures Are Up After the Iran Deal

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - July 14, 2015

Crude oil futures surprisingly surged higher today after Iranian negotiations finally culminated in a landmark nuclear deal.

The deal allows Iran to start exporting more oil, which analysts worry will flood the already oversupplied market.

But there's one fundamental reason why prices won't dip lower...

U.S. Oil Futures Today: Watch Them Soar on These Two Factors

By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke - March 3, 2014

Today (Monday), U.S. oil futures hit a five-month high on fallout from the Ukraine conflict, further supported by inclement weather across the United States.

On the New York Mercantile Exchange (NYMEX), West Texas Intermediate (WTI) crude for delivery in April rose to a session high of $104.65 a barrel, the highest since Sept. 23.

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oil futures today

Featured Story

Why Crude Oil Futures Are Up After the Iran Deal

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