Oil rises above $72 as Iran shuns talksSupreme leader rejects need for nuclear talks with U.S.; demand in China rises; crude future up 19 percent from a year ago The Associated Press
Oil prices rose slightly June 27 as traders focused on shipping delays along the Gulf Coast and as Iran’s supreme leader rejected the need for nuclear talks with the United States.
Also, rising demand from China — Asia’s largest consumer of fuels — have lifted oil prices in recent weeks, with crude....
[additional news subjects in this story]
Limited traffic resumes to refineries Chinese demand accelerates
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