Oil prices climb as U.S. energy firms cut rigs, Iran sanctions loom

September 10, 2018 admin Business News Comments Off on Oil prices climb as U.S. energy firms cut rigs, Iran sanctions loom

Oil prices rose on Monday as the number of U.S. rigs drilling for new production was cut last week and as the market is expected to tighten once U.S. sanctions against Iran’s crude exports kick in from November.

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Source:: Reuters – Business News