Oil prices extended gains – with US West Texas Intermediate crude for June delivery going up by 24 cents to reach $68.81 a barrel –
Tag: Iran
Market Update: Iran Doubles Gas Production at the World’s Largest Field
Iran has almost doubled its gas output at South Pars, the world’s largest gas field, in 2017. Gas production at South Pars went up from
Energy Geopolitics: Iran’s Global Oil Comeback Not Happening
Analysts were expecting Iran’s oil-and-gas industry to take off following the relaxation around the nuclear deal. Instead, the anticipated boom is nowhere to be seen.
Iranian Oil Tanker Collision Near Shanghai Leaves 32 Missing Amidst Environmental Havoc
The Sanchi tanker carrying 160,000 tons of Iranian oil collided with a Chinese freight ship, leaving all of its 32-member crewmember missing, the Chinese government
Geopolitics of Oil: Keeping the Secrecy of an Iran-Israel Pipeline
An Iran-Israel oil pipeline company established decades ago and a new Israeli firm that is about to replace it will be able to continue to
Iraq Signs Deal with Iran to Swap Kurdish Oil
Iraqi Oil Minister Jabar al-Luaibi said over the weekend that a deal signed with Iran to swap as much as 60,000 barrels per day of
Oil Market Update: Saudi Arabia and Allies Ready to Extend Supply Cuts
Saudi Arabian Crown Prince Mohammed bin Salman announced that his country would limit the current oil production beyond a deal among both OPEC and non-OPEC
India Curbs Iranian Oil Imports Making Iraq Win
India has been curbing imports of crude oil from Iran as part of the efforts to reduce imports by around a fifth by March 2018. There
Between a Rock and a Hard Place: For OPEC, the Struggle is Real
Eckart Woertz (Barcelona Center for International Affairs – CIDOB) In December last year, OPEC’s three largest oil producers managed to find common ground on the
Doha Under Arab Boycott: Qatar’s Potash Exports Unaffected by Diplomatic Row
Norway’s Yara International said that Qatar fertilizer exports from Qatari producer Qafco would be unaffected by a regional diplomatic row that saw major Gulf economies