"I think we're all a bit concerned by what will happen with regard to Iran as well as these (North) Korea missiles being blasted in to the Sea of Japan."
- A London based broker said on Wendesday as a scheduled meeting in Brussels between Iran's top nuclear negotiator Ali Larijani and officials from the West was postponed only hours ahead of Larijani's arrival in Brussels a senior Iranian official told AFP by telephone. Also, North Korea early Wednesday launched five missiles, including a long-range Taepodong 2 capable of reaching US territory, in a move that US and Japanese government officials dubbed provocative.

"However, ultimately any supply disruption in the next couple of months from hurricanes or any geopolitical event is keeping prices underpinned."
A broker said Wednesday as despite adequate supply of Brent crude from the North Sea prices are being supported by potential fundamentally bullish factors such as hurricanes affecting supply in the US as well as the ongoing situation in Iran.