Gulf OPEC producers can lift output but only if there is enough demand - report

OPEC and industry sources cited

• Gulf producers can raise output following US sanctions on Iran but only if there is enough demand, according to OPEC sources cited by Reuters
• Saudi Arabian oil output may be higher in May than April but that's not related to Iran sanctions and it will be within the OPEC production target range.

There's been a small uptick in oil.