Update (1245ET): Well that didn't last long. After oil prices plunged on Iran nuclear deal optimism, they have surged back higher again now after Russian Envoy Ulyanov clarified his earlier remarks, noting that it's "too early for a breakthrough" in the nuclear talks, noting that "unresolved issues remain.
" * * * Oil prices just plunged following headlines from Vienna that Mikhail Ulyanov, Russia's envoy to JCPOA talks, says "important news is likely to be released by tomorrow" and "the negotiations have made major…Oil Rebounds After BBC Spooks Market With News On Nuclear Deal
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