CNBC | Expect 'extreme volatility' for oil prices due to the Iran sanctions, BP CEO says CNBC Uncertainty surrounding Iran's oil industry ahead of forthcoming U.S. sanctions could prompt "extreme volatility" for oil prices, BP's chief executive told CNBC Wednesday. "I think it's going to be 45 days of extreme volatility, it could spike up, it ... World's biggest traders see oil at $65-$100 a barrel next year World's oil traders face off over price outlook as Iran sanctions near |