Oil futures edged decrease Monday amid expectations that talks towards restoring the Iran nuclear deal will drag on following the nation’s presidential election late final week. West Texas Intermediate crude for July supply
fell 4 cents, or 0.1%, to $71.60 arrel on the New York Mercantile Alternate. August WTI
probably the most actively traded contract, was off 5 cents, or 0.1%, at $71.24 a barrel.
August Brent crude
the worldwide benchmark, declined 12 cents, or 0.1%, to $73.39 a barrel on ICE Futures Europe. Crude was underpinned, “with the newest spherical of Iranian nuclear talks failing to result in a deal...