Crude oil prices got hit hard, yesterday. The dollar rose significantly against the pound sterling, after rising against the yen in recent weeks and rising against the euro this morning. In addition, news that the major nuclear powers would reach out to Iran for, yet, another run at cutting a deal over Iran’s nuclear ambitions. The news seemed to reduce the security premium, since it is departure from unyielding sanctions against Iran.
Energy Overview — TotalView™ of the Energy Markets