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Commodities Briefing - Categorized | Oil, Trading more

Iran’s oil exports fall in April, closer to Western limits

Posted on 02 May 2014

Iran’s oil exports fell in April for a second month, according to sources who track tanker movements, moving closer to levels allowed by November’s interim deal on curbing Tehran’s nuclear programme.
The decline may reflect seasonally lower crude oil demand and U.S. pressure on some customers take less. Signs of higher Iranian sales since late 2013 have led to concern in Washington that a softening of sanctions has given Tehran’s economy a boost………………………………………..Full Article: Source


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