Jul 1, 2015, 1:15 PM
News ID: 81666970
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WSJ: Oil price rises after nuclear talks deadline extended

Jul 1, 2015, 1:15 PM
News ID: 81666970
WSJ: Oil price rises after nuclear talks deadline extended

Tehran, July 1, IRNA – The Wall Street Journal Tuesday reported on the rise in oil prices at international markets subsequent to the extended deadline for nuclear talks between Iran and 5+1 world powers until July 7.

According to the US newspaper, price of each barrel of light crude for August delivery settled at $59.01 a barrel, up by 86 cents, on the New York Mercantile Exchange.



Price of each barrel of Brent at global benchmark rose to $63.19 making an increase of $1.18.



According to Wall Street Journal, with the signing of the contract, Iran will be provided with the opportunity to increase its oil exports.



The oil market watchers say a final deal is still likely.



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