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Free AccessUS Encouraged By Iran Dropping Some ‘Non-Starter’ Demands
- Coming on a mixed day for crude oil, sliding on growth fears plus potentially the hope of the Iran JCPOA deal and the eventual release of Iranian supply before rebounding sharply as OPEC+ hints at further action, the US State Department’s Ned Price says the US is encouraged by Iran dropping some non-starter demand.
- Whilst still not signs of anything imminent, there was little immediate reaction in WTI, which settled -0.6% on the day shortly afterwards before firming slightly.
Further Bloomberg headlines:
- US `ENGAGING WITH' EU PARTNERS ON LATEST IRAN DEAL PROPOSAL
- PRICE SAYS NOTION US IS DELAYING IRAN TALKS `JUST NOT TRUE'
- US `WILL NOT TAKE ONE DAY LONGER' THAN NEEDED TO RESPOND TO EU
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.