Oil Prices Slip 1% as Indirect U.S.-Iran Talks Advance
Oil prices fell on signs of progress in indirect U.S.-Iran negotiations. In early European trading, Brent crude slid 1% to $70.87 a barrel.
U.S. Crude Oil Inventories Extend Decline
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.8 million barrels to 408.4 million barrels in the week ended June 26, and were about 7% below the five-year average for the time of year, the EIA said.
National Grid to Invest $1.75 Billion in Joulent in U.S. Energy Push
