Here is the latest news from Iran, a considerable oil producer:
-Firstly an estimate how the Iranian oil could affect oil price:
http://finance.yahoo.com/news/video-iran-nuclear-deal-seen-063945766.html
-Secontly, how Iranians act in front of a nuclear deal which will cancel any sanctions against Iran's oil:
http://www.wsj.com/articles/iranian-officials-travel-to-beijing-to-discuss-oil-deals-1428427998
Of course, until Iran's oil be freely sold in the market, the current circumstances could change...in June OPEC has another meeting and we don't know yet if the change their production policy.
