U.S. oil prices post a modest loss as traders eye demand, U.S.-Iran nuclear deal developments
U.S. oil futures finished modestly lower on Thursday (http://www.marketwatch.com/story/oil-prices-slip-on-concerns-about-oil-demand-and-rise-in-gasoline-stocks-11617882215), pressured as rising cases of COVID-19 threatened to slow global economies, and demand for energy. Traders also looked for any signs of progress toward a U.S.-Iran nuclear deal that would likely lead to more oil in the world market. West Texas Intermediate crude for May delivery fell by 17 cents, or 0.3%, to settle at $59.60 a barrel on the New York Mercantile Exchange.
-Myra P. Saefong; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
April 08, 2021 14:43 ET (18:43 GMT)
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