Oil ends lower, but above session lows after a report, and denial, of progress toward a U.S. deal with Iran

Oil futures finished with a loss on Thursday, pressured by a report that the U.S. and Iran may be nearing a deal on Tehran’s uranium enrichment and oil exports.

Prices, however, settled above the session’s lowest levels after a U.S. government official reportedly said the article was “false.”

Traders, meanwhile, were also wary of the prospects…