Equity Tips:- Oil Extends Gains, Buoyed By Iran Sanction Worries

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Oil prices extended gains on Tuesday, supported by comments from Israeli Prime Minister Benjamin Netanyahu that he was sure U.S. President Donald Trump would do "the right thing" in reviewing Iran's nuclear deal with western powers. 

 

U.S. West Texas Intermediate crude for June delivery was up 24 cents, or 0.4 percent, at $68.81 a barrel by 0402 GMT, after settling up 47 cents on Monday. 

 

London Brent crude for new July delivery was up 21 cents at $74.90. The June contract expired on Monday, settling up 53 cents at $75.17.

 

Trade was quiet in Asia as many markets including China, India and Singapore were closed for public holidays.

 

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