Global political issues on production side will keep oil trade tight: Argus Media

Jim Nicholson, Vice President - Asia at Argus Media spoke about the impact of developments in Iran on Crude oil prices. He said that Iran situation has already been priced into Crude oil trade. Traders are more worried about Greece, and global economy, he said. “There are a lot of issues on the production side that will keep market tight in the short term,” he said.

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