seems like the IRAN hype had more effect when oil was above 200 day avg. With it under the 200 day and in bear market, the political hype hasn't mattered much.
Crude Oil Rises on Cooler U.S. Weather, Potential OPEC Action http://www.bloomberg.com/apps/news?pid=20602099&sid=a7mP2Pfr69XY&refer=energy