Americas Will Take Brunt of Any Oil Output Cuts When Iran Returns

Updated on
  • Iran could raise oil output by 800,000 barrels in 2016
  • Brent oil seen trading at $45 to $65 a barrel next year

Why Oil Tumbled the Most in Seven Months

The Americas will take the brunt of any cuts in oil production as Iran increases output once international sanctions are lifted, according to a report by A.T. Kearney Inc.’s oil and gas consulting practice in Dubai.

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