Progress towards a deal between Western nations and Iran meant to curb the latter country’s nuclear program caused crude oil to slip today. Nuclear-related sanctions against Iran have been keeping about 1 billion barrels of oil from the markets per day. In addition to this news from the Middle East, last week’s poor jobs data also continued to affect U.S. oil, contributing to its decline.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: