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How much Iran can produce and when is still a moot point

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    So, the removal of sanctions happened slightly faster than expected and the oil price duly fell again on Friday. That fall meant that WTI was down $3.74 on the week and Brent $4.99, with a fall of 20%+ over the fortnight the sector has been hard hit by Iran and China to name but two. Product prices have not been far behind also falling in the high teens %age. Quite how much Iran can produce and when is still a moot point, I will stick with around 300/- b/d before long but the ramp up to

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