Latest Oil Market News and Analysis for July 29

Oil held the bulk of a three-day decline on optimism that the US and Iran may be able to forge a diplomatic solution to end the war in the Middle...

By Kanoko Matsuyama and Gabriel Levin · Bloomberg Markets

Oil held the bulk of a three-day decline on optimism that the US and Iran may be able to forge a diplomatic solution to end the war in the Middle East, with the conflict now in its sixth month.