According to early reports from Iran, the United States was to decide to lift personal sanctions from some Iranian officials and WTI oil fell to around $ 69 a barrel. Later it turned out that the US deleted sanctions only on 3 people in Iran, including 1 oil official and the price of oil rebounded. Nevertheless, this is a sign of goodwill on the part of the US, which should bring a real nuclear deal closer. One can see that the topic is very important for the oil market.
OIL.WTI managed to erase recent losses and price returned above $70.00 per barrel . Source: xStation5
This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. X-Trade Brokers Dom Maklerski S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.