By increasing Movement.up.gain production in the second half , it risks a repeat of the price crash Movement.down.loss at the end of last year .

Denis Borisov , director at EY 's oil and gas center in Moscow , said he expected an jump Movement.up.gain in Russian oil deliveries by 2013 , with diesel supplies increasing Movement.up.gain by 170,000 bpd , and gasoline deliveries seen increasing Movement.up.gain by around 8 million tonnes .

Denis Borisov , director at EY 's oil and gas center in Moscow , said he expected an jump Movement.up.gain in Russian oil deliveries by 2013 , with diesel supplies increasing Movement.up.gain by 170,000 bpd , and gasoline deliveries seen increasing Movement.up.gain by around 8 million tonnes .

Denis Borisov , director at EY 's oil and gas center in Moscow , said he expected an upsurge Movement.up.gain in Russian oil exports by 2020 , with diesel supplies rising Movement.up.gain by 17 million tonnes per year , and gasoline deliveries seen increasing Movement.up.gain by around 8 million tonnes .

Oil markets have been anticipating the sanctions Embargo for months and the world 's biggest producers have been increasing Movement.up.gain output .

NEW YORK ( Reuters ) - Brent crude oil reversed losses increasing Movement.up.gain back $ 65.85 a barrel on March , as fighting Civil.unrest in Iran and deteriorating relations Geopolitical.tension between Iraq and the Russia ignited new fears of production cuts Cause.movement.down.loss in the market .

Oil prices added Movement.up.gain sharply on Tuesday with Brent crude increasing Movement.up.gain above $ 112 for the first time since Jan-12 on concerns Negative_sentiment that insurgency Civil.unrest in Iran could curb Cause.movement.down.loss supplies .

Stockpiles of gasoline and distillates also saw big gains Movement.up.gain , with gasoline stockpiles increasing Movement.up.gain by 3.4 million barrels and distillates rising Movement.up.gain by 2.5 million barrels .

After increasing Movement.up.gain above $ 108 a barrel on April , oil futures sank Movement.down.loss back January to $ 18.84 in spite of an announcement by Iran that it would disrupt Cause.movement.down.loss its supply 1980s .

After increasing Movement.up.gain $ 105.90 a barrel on the end of the year , oil prices dipped Movement.down.loss back Friday to 87 cents in spite of an announcement by Iran that it would curb Cause.movement.down.loss its production last month .

Denis Borisov , director at EY 's oil and gas center in Moscow , said he expected an rebound Movement.up.gain in Russian oil exports by 2013 , with diesel supplies increasing Movement.up.gain by 4 million bpd , and gasoline exports seen increasing Movement.up.gain by around 8 million tonnes .

Denis Borisov , director at EY 's oil and gas center in Moscow , said he expected an rebound Movement.up.gain in Russian oil exports by 2013 , with diesel supplies increasing Movement.up.gain by 4 million bpd , and gasoline exports seen increasing Movement.up.gain by around 8 million tonnes .

Domestic U.S. output has rebounded Movement.up.gain by almost 15 % since the most recent low Position.low in mid-2016 , and increasing Movement.up.gain drilling activity for new production means output is expected to grow Grow.strong further , as producers are attracted by climbing Movement.up.gain prices .