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How Iran Could Trigger The Next 10 Percent Drop In Oil Prices

Adam Varga in Oil (General)

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Adam Varga    + 123

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Iran announced plans last week to boost oil production from its supergiant South Azadegan oil field to at least 320,000 barrels per day. The development of the West Karoun fields are instrumental to the 25-year deal between Iran and China. The impact of additional Iran crude flows on global oil prices could be significant against a background of uncertain demand in the coming months. 

https://oilprice.com/Energy/Crude-Oil/How-Iran-Could-Trigger-The-Next-10-Percent-Drop-In-Oil-Prices.html

 

 

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