Others   

Iran N-deal ~ O&G shares will drop with oil price?

Other stock prices will rise

 

The sanction relief may change world sentiment on mid east safety & stability... This psychological effect may cause oil price to drop as it may be seen as potential flow of Iran Oil into the already well supplied market... Although the interim deal didn't lift sanction on oil export, but it is a signal that it is possible in near future, if Iran comply to its promisess

 

A deal is reached. Will it cause oil price to drop and O&G related shares to drop??