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Increase in exports will not cause oil price drop – Iranian Oil Minister

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - Iranian oil minister Zanganeh was on the wires stating the rise in Iranian exports is already priced-in by the markets and thus will not cause a fresh drop in prices.

    Key Quotes

    Oil markets have anticipated the increase in Iranian oil exports

    Increase in exports will not cause prices to fall
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