Oil Falls On Oversupply As Calls For Producers’ Talks Draw Scepticism; Iran’s Crude Exports At Pre-Sanctions Level

Oil facility in the Khark Island, on the shore of the Gulf. © AFP 

Oil fell on Wednesday, hit by improved prospects for U.S. output and a glut in refined products, while analysts largely expected no impact on supplies from talk of a potential producer meeting to discuss propping up prices.