Crude Oil Prices Extend Gains on U.S.-Iran Negotiation Worries
Crude oil prices extended their gains on Thursday, driven by market concerns over the uncertain outcome of U.S.-Iran negotiations and reports of tighter Chinese fuel supplies. Market participants are also anticipating OPEC+ to maintain current oil output targets.
-Iran negotiations. Reports of tighter Chinese fuel supplies also helped lift prices. Markets were also looking ahead to an OPEC+ decision, with producers expected to keep oil output tar…