Crude oil edged slightly lower Monday morning, trimming recent gains.
May Crude oil was down 40 cents at $46.17 a barrel on hopes that Iran and the West may reach a deal on Iran’s nuclear program.
“They have not yet made the kind of concessions that are I think going to be needed for a final deal to get done,” President Barack Obama said over the weekend.
“But they have moved, and so there’s the possibility.”
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