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Iran’s top nuclear negotiator says optimistic after Monday talks

Big week for oil

Between the Vienna, Omicron and OPEC + negotiations, it will be a big week for the oil market.

Comments like this are hard to take at face value. In previous comments today, Iran took a hard line. Political negotiations are extremely difficult to read.

One thing I will say is that putting Iranian oil barrels back on the market serves the objectives of Iran and the United States at this time.

WTI stabilized at nearly $ 71 after trying $ 73, then briefly topping $ 70.

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