Oil prices rise but remain below $100 per barrel, with markets awaiting US-Iran weekend negotiations
According to ChainCatcher, ahead of the US-Iran negotiations this weekend, oil prices have risen but remain below $100 per barrel. Emmanuel Belostrino, Head of Global Crude Oil and Geopolitical Market Data at Kpler, stated: "The outcome of the negotiations, especially whether a viable shipping agreement can be reached, is the key variable in determining whether the current backlog can begin to ease."
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