Futures see volatility in Obama-Rowhani frenzy

摘要

New York—Oil futures settled lower Friday in a volatile session as diplomatic progress on the geopolitical front—particularly speculation over a possible meeting between US President Barack Obama with Iranian President Hassan Rowhani—continued to squeeze a risk premium out of the market. NYMEX November crude futures settled 16 cents lower at $102.87/barrel, falling below key support at $103/b.