Oil Extends Losses After US, Qatar Signal Progress on Iran Draft Deal
Brent crude fell back to around $80 per barrel after renewed optimism over a potential US-Iran draft agreement eased geopolitical fears, even as President Trump criticized US refiners for high fuel profits. Trump Takes Aim at Big Oil’s War Profits - Runaway Q2 earnings of US oil majors have brought bumper profits of energy companies back into the political limelight, with US President Trump…
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