NEW YORK (Reuters) - Crude futures rose on Thursday, rebounding from the previous session's slump as investors fretted about potential disruptions to Middle East oil supplies after talks between world powers and Iran over its nuclear program ended with no agreement.
After seeming conciliatory before the Baghdad talks, Iran insisted on its right to nuclear fuel enrichment. Another meeting was set for June, suggesting the situation is fluid and prompting caution by oil investors. Trading volume was light and prices remained substantially below their highs for this year.