The Week UK | Oil price 'to remain volatile' despite Iran support for supply freeze The Week UK Having hit a low of $32 a barrel on Tuesday, the international benchmark Brent crude rose above $34 overnight and continued to move towards $35 this morning after Bijan Zanganeh, the Iranian oil minister, said the country "backs any measures which help ... Today's 12% Pop In Oil Changes Nothing Here's The Real Problem With Oil Oil looked like it might rebound. Not anymore |