Oil up over 2 percent on concerns over Iran, slower U.S. output growth

September 11, 2018 admin Business News Comments Off on Oil up over 2 percent on concerns over Iran, slower U.S. output growth

Oil prices rose more than 2 percent on Tuesday as U.S. sanctions squeezed Iranian crude exports and after U.S. crude oil production in 2019 was forecast to grow at a slower rate than previously expected, prompting supply concerns.

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Source:: Reuters – Business News