Iranian deputy oil minister out on Bloomberg 5 May 2016
- output to reach 3.8m bpd in a few days
Iran's determination to drive output back to pre-sanction levels around 4m bpd continues at pace.
Brent and WTI still underpinned on Libyan unrest/Canadian oil sands disruption but just off session highs at $45.55 and $44.98