IRAN LAUNCHES SALES DRIVE TO REGAIN LOST VOLUME

All the indications are that Iran is making a determined drive to regain oil export volumes lost over the past couple of months, but that in doing so it is being careful to keep its sales as close to OPEC price rules as war and market conditions permit. Largely owing to the recent price uncertainty, Iran's oil exports have been in the doldrums since mid-December. In January it is reckoned that oil exports averaged no more than 700,000 b/d,...