Iran Oil Sanctions Will Lead to Volatility in Oil Prices: Economist

Brad Bourland, chief economist at Jadwa Investment, told CNBC , "Iran exports 2.3 million barrels per day, Saudi Arabia produces ten but can produce 12.5 but if that happens then global excess capacity, that cushion that the world relies on for markets to stay fairly calm would really drop to almost

CNBC | January 23, 2012

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