Oil Futures Rebound From Sharp Selloff as Traders Weigh Iran Diplomacy
Oil futures climbed Thursday after steep losses in the previous session. At 11:35 a.m. ET, January ICE Brent was up $2.77 at $97.39 per barrel.
Oil futures climbed Thursday, recovering some ground after the previous session's steep losses, as traders weighed the potential for renewed U.S.-Iran diplomacy and ongoing recovery in Middle Eastern oil supplies.As of 11:35 a.m. ET, January ICE Brent crude was trading $2.77 higher at $97.39/bbl, w…