Oil market assigns limited risks to Iranian induced supply disruptions

Falling back this morning.

Brent crude traded from an intraday low of $59. 75/b last Monday to an intraday high of $63.

92/b on Friday and a close that day of $63.

34/b.

Driven higher by the rising riots in Iran.

Brent is trading slightly lower this morning at $63.

0/b.

Iranian riots and risk of supply disruption in the.