Economic Times | Oil tallies a two session decline of more than 4% MarketWatch Oil futures fell sharply Thursday to tally a drop of more than 4% in two sessions, as a fourth straight weekly climb in U.S. crude inventories helped ease concerns over tight global supplies, with the U.S. set to impose sanctions on Iranian oil next month. Iran Sends Record Amount Of Oil To China With few buyers, Iranian oil armada heads to China ahead of US sanctions Spectre of Iran's 'ghost ships' haunts oil outlook |