COM - Iran nuclear deal report weighs on crude oil prices

May, 18 2021 12:34 PM Direxion Auspice Broad Commodity Strategy

Crude oil prices plunge quickly following a BBC report that progress was made in the U.S.-Iran nuclear talks, with an announcement on a deal expected tomorrow.The Russian envoy in Vienna says significant progress has been made in efforts toward an agreement to revive the 2015 nuclear deal, according to the report.July Brent crude (CO1:COM) initially dropped as much as 3.1% on the news, but remains -1.6% to $68.33/bbl; June WTI crude (CL1:COM) -1.7% to $65.11/bbl.ETFs: [[USO]], [[XLE]], [[UCO]], [[XOP]], [[VDE]], [[GUSH]], [[OIH]], [[ERX]], [[BGR]], [[BNO]]

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Iran nuclear deal report weighs on crude oil prices

Company Name:	Direxion Auspice Broad Commodity Strategy
Stock Symbol:	COM
Market:	NYSE

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