Iran oil is going to enter the market in the next few months. That would bring down the prices further. With the production already lot higher than consumpti

Iran oil is going to enter the market in the next few months. That would bring down the prices further. With the production already lot higher than consumption already don't expect the prices to go up anytime soon. In many oil importing countries where people were getting subsidies earlier those countries have stopped gives subsidies are also charging extra taxes so the prices have not come down dramatically. Which has resulted in little growth in consumption.