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Secretary of State John Kerry is in Geneva talking a potential deal with Iran over its nuclear program for some oil sanctions. Helima Croft, Barclays, weighs in on where crude will go next, and oil production in Iraq.
The FMHR traders reveal their final trades of the hour.
Russ Koesterich, BlackRock's chief investment strategist, says investors need to overcome their justifiable jitters about stocks and buy, with CNBC's Jackie DeAngelis and the "Futures Now" Traders.
Oil production in Mexico has declined 25 percent in the last 10 years. CNBC's Michelle Caruso-Cabrera reports Mexican Congress has approved an energy bill allowing foreign investment in oil.