Wood Mackenzie sees a ‘loosening’ of the oil market towards the end of the year, Sushant Gupta, a director at the research and consultancy business, reveals in an interview with Continue Reading
The first round of U.S. sanctions on Iran just took effect, a slew of measures targeting Iran’s currency and its financial sector. The U.S. sanctioned the trading of bank notes Continue Reading
A Guest Post by Dr. Minqi Li, Professor Department of Economics, University of Utah E-mail: [email protected] August 2018 This is Part 3 of the World Energy Annual Report in 2018. Continue Reading
In the current economic climate, low-income families are struggling to put food on the table. One woman, speaking to the Financial Times as she paid over the odds for a Continue Reading
Japan’s largest refiner, JXTG Nippon Oil & Energy, may be forced to stop imports of Iranian crude oil loading in September without clear guidance from the government as US sanctions Continue Reading
A U.S. plan to reduce Iran’s oil exports to zero will not succeed, Iranian Foreign Minister Mohammad Javad Zarif was cited as saying by an Iranian newspaper on Wednesday. U.S. Continue Reading
Iran’s oil exports dropped by 7 percent to 2.32 million bpd in July—their lowest level in four months—as South Korea and Europe are slashing imports ahead of the return of Continue Reading
A position taken by parties to the Iranian nuclear deal shows there’s interest in keeping oil exports flowing and banking channels open, Iran’s president said. U.S. President Donald Trump on Continue Reading
An Egyptian company is set to begin importing gas from Israeli offshore fields in the first quarter of 2019 and to re-export it as part of its plan to become Continue Reading
As if oil market participants haven’t had enough conflicting market forces to digest over the past week, reports that Saudi Arabia’s crude oil production surprisingly dropped in July by around Continue Reading
