OMG. Now We've Got John Kerry Moving Oil Markets

West Texas Intermediate oil fluctuated as Secretary of State John Kerry signaled that a diplomatic solution to a standoff over Iran’s nuclear program is possible and as the euro pared gains against the dollar.
Futures erased an increase of as much as 1.4 percent after Kerry’s comments. Iran, which is under a Western embargo on its oil exports, will hold talks with the U.S., China, France, Germany, Russia and the U.K. tomorrow in Kazakhstan, following an eight-month lapse in negotiations. Oil advanced earlier as the euro strengthened against the dollar, raising oil’s appeal as an investment alternative.

God. Help. Us.