ICE Brent continues to edge higher, settling just short of US$86/bbl yesterday. Brent continues to be dragged higher by WTI, where there is growing concern over the decline in oil inventories at the WTI delivery hub, Cushing. These concerns saw WTI briefly trade above US$85/bbl yesterday. However, the oil market was unable to hold onto all of its gains yesterday, following reports that Iran will meet with the European Union with the hopes of reviving the Iranian nuclear deal. The hope would be that these talks lead to broader discussions between nations regarding the nuclear deal, with the eventual aim of getting all ... (full story)