Economics
Crude Climbs as Geneva Meeting Ends Without Iran Nuclear Accord
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Crude advanced after Iran and six world powers concluded a meeting in Geneva without coming to an agreement on the nation’s nuclear program, tempering projections of a resolution to the dispute that has cut Iranian oil exports.
Brent futures rose 1.2 percent in London while West Texas Intermediate oil in New York gained 0.6 percent. Iran’s talks with the five permanent members of the United Nations Security Council and Germany will resume Nov. 20 in Geneva. The International Atomic Energy Agency signed the first accord in six years with Iran today, giving the monitors broader access to nuclear facilities in the Persian Gulf country.