Goldman Sachs: Return Of Iranian Oil Won’t Shock Markets
Iranian oil potentially returning legitimately to the market will not be a shock and a complete return will not take place at least until the summer of next year, Goldman Continue Reading
US, Iran inch closer to reviving nuclear deal after Vienna talks
Highlights Working groups to set out path for oil sanctions relief Iranian envoy says meeting was ‘constructive’ JCPOA signatories to convene again April 9 London — The US and Iran Continue Reading
Reviving the Iran Nuclear Deal: What to Expect From the Talks and What Is at Stake
Diplomats from the U.S. and Iran converged in Vienna on Tuesday in an attempt to revive the beleaguered 2015 nuclear agreement, the first potential thaw in diplomatic relations between Tehran Continue Reading
Iran nuclear deal: Tehran envoy says talks begin on ‘right track’ in Vienna
U.S. and Iranian officials said Tuesday an initial day of talks in Vienna on returning to the 2015 nuclear deal were “constructive,” but the Biden administration cautioned that no immediate Continue Reading
Shale Giant Praises ‘Brilliant’ OPEC for Rebalancing Oil Market
Occidental Petroleum Corp. praised OPEC and its allies for managing crude markets out of last year’s historic crash and said the U.S. shale industry is thankful for its efforts. “They’ve Continue Reading
OPEC Is Betting Big On Robust Oil Demand Recovery
Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day (bpd) by July relies on expectations of robust oil demand recovery Continue Reading
UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub
Three key developments were announced last week by the UAE in line with its role as a principal member of the U.S.’s new Middle East strategy to counter China’s dramatically Continue Reading
Iran’s Comeback To Oil Markets Unlikely To Cause Price Crash
Oil investors now have to contend with another wildcard: Iran soon returning to the oil markets. After a three-year layoff, Iran could be poised to officially rejoin the ranks of Continue Reading
Iran confirms ship blast in Red Sea involving ‘logistics vessel’
Iran’s foreign ministry confirmed April 7 that an explosion caused damage on an Iranian ship in the Red Sea and said the blast was under investigation, state television reported. “The Continue Reading
‘Some hid in the sea’: Islamist attack on Mozambique town a turning point in Africa’s ignored war
French group Total suspends work at gas plant near Palma despite authorities’ claims order has been restored. The attack bore all the hallmarks of the Islamist insurgents that have terrorised Continue Reading