In other words, global economic weakness and the glut in oil supplies will continue to weigh on crude. At this point, only tension in the Middle East is providing a bit of a lift to oil markets, but even that won't be enough to push up prices in any lasting way.
Read More »Iran Nuclear Deal: Beginning of Peace Marathon?
International diplomacy has witnessed yet another astonishing event – this time around with the seven-nation accord on Iranian nuclear ambitions announced on July 14.
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