Big week for oil
Between the talks in Vienna, omicron and OPEC+, this will be a big week for the oil market.
Comments like this are tough to take at face value. In earlier comments today Iran was taking a hard line. Political negotiations are extremely tough to read.
One thing I will say is that getting Iranian oil barrels back into the market serves the goals of both Iran and the US right now.
WTI has steadied near $71 after trying $73 and then briefly breaking $70.
