OIL and OIL.WTI prices are taking another nosedive after Reuters reported that the United States offered to lift sanctions on Iran in exchange for talks. The agency quoted Iranian President as a source of information. However, no official confirmation was offered yet therefore traders should remain cautious. Earlier, oil prices plunged on news of ceasefire in Yemen.

NATGAS loses after the EIA inventories report
BREAKING: OIL gain extends to 3.5% 📈Chinese state companies stop Russian oil purchases
⏫ Oil Gains 2% on Russia sanctions
Daily wrap – US Export Restrictions on China and Weaker Earnings Trigger Wall Street Correction