05.05.2016 - Iran's return to the oil market turned out to be quicker than anticipated
Iran's return to the global oil market turned out to be quicker than anticipated but it will not affect the market in 2017, Neil Atkinson, who is head of the International Energy Agency’s (IEA) Oil Industry & Markets Division, said Wednesday. "The real numbers, we are starting to see, do suggest the pace of return has been a bit quicker than we anticipated but it is not that much quicker and I don't think it is affecting the balances materially for 2016. And there is an upper limit because Iran can only go back to where it was when sanctions were imposed," Atkinson told the Bloomberg media outlet...............................................Full Article: Source
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