Oil extends decline after Iran, world powers set date for nuclear talks
Oil prices extended declines on Thursday, pushing U.S. futures below $80 a barrel, after Iran and world powers agreed to resume nuclear talks this month that could lead to the removal of U.S. sanctions on Iranian oil, increasing global supplies.
Brent crude futures for January fell for a second session to $81.19 a barrel, down 80 cents, or 1%. Source: Reuters