Phil Flynn - The PRICE Futures Group - Wed Jul 29, 9:25AM CDT
While Secretary of State John Kerry defended lifting sanctions on Iran the question came up as if we should lift the sanctions on U.S. oil exporters. Senator Murkowski, of Alaska, brought the issue to the forefront by asking the question that “if we are going to allow Iran to sell their oil... (full story)
Copper jumped on a second day, prompted by a combination of supply disruption and Chinese stock market recovery. Commodity prices also lifted with US dollar in a third day of losses.
Copper was the biggest winner of Chinese share rebound
Oil prices muted... (full story)