Oil Headed for Sharp Weekly Losses on U.S.-Iran Deal Optimism
Oil prices were on track for steep weekly losses after signs the U.S. and Iran were within reach of an agreement, but ING said significant further downside was likely limited, particularly during the early stages of a cease-fire.
U.S. Crude-Oil Stockpiles Post Fifth Straight Weekly Drop
Commercial crude-oil stocks fell by 3.3 million barrels last week. Analysts expected crude stocks to decrease by 4 million barrels.
Ousted BP Chair Hits Back at 'Lies' About His Conduct
