­MNI Oil Weekly: Oil Supported Ahead of Crucial Round 3 Talks

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Executive Summary: 

• Oil Supported Ahead of Crucial Round 3 Talks:  Oil markets remain on hold until the outcome of round 3 U.S./Iran talks pave the way for risk on or risk off.
• Oil Markets: Crude oil prices have stabilised after a rally to the highest since June with focus on further US-Iran talks this week while weighing the implications of the US tariffs decision and ahead of the latest OPEC+8 meeting on March 1. Diesel and gasoline cracks are holding steady weighing geopolitical risks to supply.
• Analyst Views: See oil market views and outlooks from key analyst names