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1 Feb 2016
Extra Iranian crude supplies after lifting of sanctions still unknown – OPEC source
FXStreet (Mumbai) - Al Hayat, a Saudi-owned newspaper based in London, quoted an OPEC source stating that extra Iranian crude supplies after lifting of sanctions are still unknown, and will not be determined for at least 2 months.
Both crude benchmarks are down over -2.30%, as markets believe the OPEC production cuts look unlikely.
Both crude benchmarks are down over -2.30%, as markets believe the OPEC production cuts look unlikely.