COMMENTARY: Oil Needs an Iran Supply Shock, Not Tough Talk, to Break Out of Range – Bousso

By Ron Bousso LONDON, Jan 30 (Reuters) – Oil prices remain stuck in a narrow band even after soaring 15% in January, partly on fears of a fresh U.S. strike on Iran. Tough talk on either side is unlikely to push crude prices much higher, given today’s well-supplied market. What would be needed is big-time … Read more