You are here

SUBSCRIBERS

Optimism masks Iran risk to oil rally from 12-year low

BT_20160607_IRANOIL_2320951.jpg
Iran is seeking to raise output even further, aiming for 4.8 million barrels a day in five years.

Hong Kong

OIL'S recovery from a 12-year low may be too good to last as Iranian output rebounds faster than expected.

Opec last week stuck to its policy of unfettered production, deciding against a new output ceiling as the price rally supported optimism among its members that the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes