Oil transactions were sluggish on Monday before talks between the United States and Iran, with ongoing concerns about tensions between the two countries that disrupt oil flows and keep prices supported, while OPEC+ tends to resume production increases starting from April.
Oil Market Awaits US-Iran Talks
Oil transactions were sluggish on Monday before talks between the US and Iran. Concerns about tensions disrupting flows and supporting prices persist. OPEC+ leans towards resuming production hikes from April.