Iran nuke agreement

Oil Down & Dollar Up Ahead of Trump’s Announcement on Iran Nuclear Deal

May 8, 2018

President Trump’s decision is scheduled for 14:00 EDT (GMT 18:00). He is widely expected to pull the United States out of the deal. West Texas Intermediate crude oil has traded 1.4% lower and is back under the $70 per barrel level. The dollar’s gains so far today are most pronounced against commodity-sensitive currencies like the […] More

Greek Dismay and a Nuclear Deal Reached with Iran

July 14, 2015

The price of West Texas Intermediate crude oil fell 2.1% to $51.12 per barrel on news that deal was reached to greatly relax economic sanctions on Iran in exchange for constraints on Iranian nuclear production and enhanced western access to inspecting Iranian facilities.  The agreement follows nearly three weeks of intense talks and is opposed […] More