Reuters | Oil prices stabilise after massive selloff, but outlook remains weak Reuters The oil glut could also deepen as major global powers and Iran are negotiating a nuclear compromise that could end sanctions against Tehran and open up oil exports into an already oversupplied market, although diplomatic sources told Reuters on Monday ... Oil headed for bear market after biggest drop in five months Russian oil sales could get burned after the Iran deal Crude oil tumbles 8 pct, points to low gas prices this fall |