Oil prices are little changed in Thursday’s intraday sessions after they tumbled more than 4% on Tuesday to a near two-week low on easing Iranian supply disruption fears. Brent crude for December delivery was down 0.3% to trade at $74.12/barrel at 12.50 pm ET while WTI crude for November delivery remained unchanged at $70.36/barrel. According to commodity analysts at Standard Chartered, the prevailing tone of market sentiment, particularly among the more speculative traders, remains overwhelmingly bearish, on par with that in late 2008 at…
