International Energy Agency's Birol out on Bloomberg
- no sign of quick resolution in Saudi-Iran tensions
- slowing China minimizes predictability for energy markets
- crude investments fell 20% in 2015, same seen for 2016
- investment drop may cause supply issue when growth rises
- Iran sanctions removal puts downward pressure on crude
- crude prices may start rising last 2016 or early 2017
Birol rightly cautious on oil price and affecting factors
Brent crude currently $33.11 off session highs of $33.36 from Asian lows of $32.44
WTI $32.71 from $32.94 after lows of $32.24
