Oil falling only marginally on weak China data as Iran oil exports starts to struggle
Up 4.
7% last week on US Iran hawkishness and China stimulus optimism. Brent crude gained 4.
7% last week and closed on a high note at USD 74.
49/b.
Through the week it traded in a USD 70.
92 – 74.
59/b range.
Increased optimism over China stimulus together with Iran hawkishness from the incoming Donald Trump administration were the.