Oil prices rise to 32-month high as U.S.-Iran nuclear deal talks drag on
2021-07-26
The exchange rate of the US dollar fell, global demand grew, and the negotiations on the US-Iran return to the nuclear deal were delayed, and international oil prices rose sharply to the highest in 32 months. On Monday (June 21), the settlement price of West Texas Light Oil July 2021 futures on the New York Mercantile Exchange was US$73.66 per barrel, up US$2.02, or 2.8%, from the previous trading day, with a trading range of US$71.15-73.96; Intercontinental London The settlement price of Brent crude oil futures for August 2021 on the exchange was $74.90 a barrel, the highest since October 2018, up $1.39, or 1.9%, from the previous trading day, with a trading range of $72.98-74.95.
