scorecardresearchOil Holds Gains as Traders Weigh Iran Talks, Demand Outlook

Oil Holds Gains as Traders Weigh Iran Talks, Demand Outlook

Updated: 09 Aug 2022, 07:45 AM IST
TL;DR.
Oil held its biggest gain in more than a week as investors monitor US-Iran nuclear talks and the outlook for demand amid an economic slowdown.
FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo

FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo