With the exception of a major breakthrough in the negotiations between Iran and the EU, there is very little downside risk for oil prices this week.Chart of the WeekMarket Movers- France is rumored to turn against the general European trend of decommissioning nuclear plants and announce the construction of 6 new nuclear EPR reactors, boosting the long-term prospects of Areva and EDF (EPA:EDF).
- US oil and gas pipeline operator Crestwood Equity Partners (CEQP) agreed to buy Oasis Petroleum’s (NASDAQ:OAS) midstream unit for $1.8 billion…The Oil Bulls Are Running Riot
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