Ryan had news up during the UK Monday saying "Iran and the EU are throwing out some comments with the Iranians saying they could hike oil exports within months if there were no sanctions"
Barclays oil analysis suggest pretty much the same, saying that the perceptions on relief from sanctions would get more oil to the market and therefore allow further oil price falls, while correct, is some way off
"Though it appears more likely that Iran and the P5+1 may advance to a new phase of negotiations at the end of March, sanctions relief is likely to be incremental and not universal ... ... Even in a best-case scenario on sanctions relief, a sea change in Iranian oil exports is unlikely until after June"
Oil took a tumble late last week, again in Asia on Monday, and a further step down overnight:
