Brent price hike constrained by fears of demand slump – Iran or no Iran

09.07.2019

Oil prices firmed on Monday on tensions over Iran’s nuclear program but gains were capped by concerns about global economic growth and consequently oil demand. Brent crude futures rose 38 cents, 0.5%, to $64.61 a barrel by 10:45 a.m. EDT (1445 GMT). U.S. West Texas Intermediate (WTI) crude futures rose...