Oil Prices Fluctuating And Brent Crude Above $93

Baghdad Oil prices fluctuated today, Monday, amid expectations that global supply will remain strong with the recovery in demand, offset by signs of progress in the nuclear talks between the United States and Iran.

According to Reuters, Brent crude rose 33 cents, or 0.35 percent, to reach $ 93.60 a barrel, after touching its highest level, since October 3, 2014, at $ 94.00 earlier.

US West Texas Intermediate crude fell 17 cents, or 0.18%, to $92.14 a barrel, close to a 7-year high hit last Friday.

Source: National Iraqi News Agency