BRIEF-Fears Of Supply Disruptions Could Push Brent Crude Up By $5–10/Bbl, ANZ Says
Reuters
Yesterday
BRIEF-Fears Of Supply Disruptions Could Push Brent Crude Up By $5–10/Bbl, ANZ Says
Feb 26 (Reuters) - ANZ:
SAYS FEARS OF SUPPLY DISRUPTIONS COULD PUSH BRENT CRUDE OIL UP BY $5–10/BBL IF U.S.-IRAN TALKS FAIL
SAYS ANY U.S. ATTACKS THAT TARGET OIL EXPORT FACILITIES PUTS OVER 1.5MB/D OF IRAN'S OIL EXPORTS AT RISK
SAYS IF NEGOTIATIONS FAIL, AND U.S. CONDUCTS MILITARY ACTION, OIL PRICES WOULD LIKELY SURGE TO OVER $90/BBL
SAYS IF SUPPLY DISRUPTIONS EMERGE, IT WOULD EXPECT OPEC TO RELEASE SPARE CAPACITY FROM SAUDI ARABIA, UAE AND KUWAIT/IRAQ
SAYS TO AVOID ESCALATION IRAN IS LIKELY TO KEEP STRAIT OF HORMUZ OPEN AND REFRAIN FROM TARGETING ENERGY OR TRANSPORT INFRASTRUCTURE IN THE REGION
SAYS IN CASE OF A U.S.-IRAN NUCLEAR DEAL, PRICES COULD FALL BELOW $60/BBL AS THE THREAT OF SUPPLY DISRUPTIONS EASES
((Reuters.Briefs@thomsonreuters.com;))
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