1. Hello Guest Click here to check FX Binary Point Financial Directory

Oversupply is "biggest threat" to Oil market – Iran OPEC official

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - Iran OPEC official crossed the wires via Reuters last hours and noted, “countries that raised Oil production when sanctions on Iran were imposed should cut output to stabilise market.”

    The OPEC official also added, “Iran-Saudi Arabia diplomatic tension's impact on Oil market is short term, oversupply is "biggest threat."
    For more information, read our latest forex news.

Share This Page