Oil Markets Brace for Supply Constraints

MarketsETF Trends

This article was originally published on ETFTrends.com.

A slew of potential supply constraints faces the oil market, mostly coming from Middle Eastern countries. Reflecting these concerns, Brent oil remained near several-year highs on Monday, hovering around $77 per barrel at 3:30 pm Eastern Monday. One main concern for oil traders is the fallout from the US withdrawing from the Iran deal. The [...]

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