End to Iran sanction waivers only bullish for oil prices in short term: Barclays

FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson

(Reuters) – The U.S. push to reduce Iranian oil exports to zero will tighten crude markets significantly in the short term, but is unlikely to have a big effect on prices over a longer period, Barclays said in a note on Monday. Washington this week demanded that buyers of Iranian oil stop purchases by May […]

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