Oil prices, drifting dark clouds in the Iran nuclear concerns about ...
While oil prices may become adjusted depreciation from the second half of the month, clues material is jumbled. It and the playing cards US President has requested repeatedly increased production for the Organization of Petroleum Exporting Countries (OPEC), that the production levels of OPEC plus of the second half of the year is opaque, opposition parties in South America Venezuela has prompted the uprising in the military it, uncertainty and the global economic slowdown concerns of the US-China trade talks, Iran and that reportedly to resume some of the nuclear development program, wide range. However, it seems clue related to Iran is the most resonate with price movements.
Even without supply of Iranian supply and demand balance is stable
Trump US President to request the increased production in major oil-producing countries such as Saudi Arabia and Russia, Iran sanctions of the United States is in the background. Exemption period of Iran oil sanctions in the month has been completed, it comes to purchase crude oil from Iran, the future and the United States sanctioned.