Crude oil prices were up on Wednesday as the global oil market and investors hope that the Organization of Petroleum Exporting Countries (OPEC) would make deeper cuts in crude production to support low prices. The international benchmark Brent crude was trading at $54.20 per barrel at 0723 GMT for a 0.7% increase after closing Tuesday at $53.81 a barrel. American benchmark West Texas Intermediate was at $49.77 a barrel at ...
![Iranian Foreign Minister Mohammad Javad Zarif gestures towards his Italian counterpart Emma Bonino as they give a joint press conference in Tehran on December 22, 2013. [Getty Images]](/sites/default/files/styles/d08_traditional/public/im/misc/458836871_1.jpg?itok=6m0-boWI "Iranian Foreign Minister Mohammad Javad Zarif gestures towards his Italian counterpart Emma Bonino as they give a joint press conference in Tehran on December 22, 2013. [Getty Images]")
![Representatives of Iran and the six world powers attend first round of talks in Geneva, Switzerland, on October 2013. [presstv]](/sites/default/files/styles/d08_traditional/public/im/iran/329867_Geneva-Nuclear-Talks.jpg?itok=hIdTkmU0 "Representatives of Iran and the six world powers attend first round of talks in Geneva, Switzerland, on October 2013. [presstv]")
