Money Talk

Oil hits new multi-year highs; investors eye Iran nuclear talks this week

Oil hits new multi-year highs; investors eye Iran nuclear talks this week Brent crude futures for August rose 28 cents, or 0.4%, to $72.17 a barrel by 0107 GMT, their highest since May 2019. U.S. West Texas Intermediate crude for July touched $70 for the first time since October 2018 and was at $69.91 a barrel, up 29 cents, or 0.4%.

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