What’s been going on in the sector this month? Oil price volatility driven by US-Iran tensions January was a volatile month for oil prices as these were buffeted around by global geopolitical events. Brent began the month in the low US$60s as the US move to remove Nicolas Maduro drove expectations of potential increased Venezuela supply, both from short term sale of confiscated cargoes by the US, but medium term from possible increased foreign investment in the country’s oil sector. The techni ....