Crude contracts retreated on reports US sanctions on Iran might be lifted

Crude contracts retreated on reports US sanctions on Iran might be lifted

Oil prices fell Thursday while global equities were mixed after President Donald Trump said the United States was close to making a deal on Iran's nuclear program.

Trump made the remarks in Qatar before flying to the United Arab Emirates for the third and final leg of a Gulf tour that began in Saudi Arabia.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.