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Crude oil edges higher in delayed data while peace efforts ease supply fears

OILRaw materials
Crude oil edges higher in delayed data while peace efforts ease supply fears

The front-month quote sits at $102.8 per barrel, 0.78% above the previous close of $102, in delayed data (not live).

Crude oil front-month futures edged higher to $102.8 per barrel in delayed data (not live), 0.78% above the previous close of $102, while renewed U.S.-Iran peace efforts eased supply fears, reports say.

Traders weighed diplomacy against supply concerns after attacks in Saudi Arabia. The reports point to hopes for a U.S.-Iran deal as one factor easing worries about Middle East supply.

The quote is delayed and not live. It stands 0.78% above the previous close of $102.

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