The Vienna agreement from 14 July 2015 on Iran’s nuclear activities was a game changer for the oil market in the Middle East. The oil
Tag: Saudi Arabia
Market Update: Oil Prices Slump as US Sanctions on Iran Loom Large
Brent oil prices has gone down recently in response to the rising global supply and persisting weakness in global stock markets despite the coming sanctions
Tehran Defiant: Iran Oil Exports Not Endangered by US Sanctions
The United States cannot prevent Iran from exporting its oil, Iran’s oil minister Bijan Zanganeh said earlier this week. He added that such limitations would
Geopolitics of Energy: Saudi Arabia Acting as Oil ‘Shock Absorber’ for India
Oil prices went up earlier this week in response to the anticipating fall in in Iran’s oil exports ahead of the US sanctions. Tehran has
Filling in Oil Supply Gap Against the Backdrop of Iranian Sanctions
Saudi Crown Prince Mohammed bin Salman has said that his country had filled in the supply gap that had been created after Iranian crude supplies
Energy & Human Rights: Saudi Oil Exports to Canada Secure Despite Political Crisis
Saudi Arabia confirmed that its oil supplies to Canada would not be impacted by the ongoing dispute between the two countries after the Kingdom froze
Expert Analysis: Navigating the Storm – ‘OPEC+’ Producers Facing Lower Oil Prices’
On 22 June 2018, oil ministers from the so-called “OPEC+” countries – which refers to the Organization of Petroleum Exporting Countries members and an alliance
Oil Market Update: Gasoline Prices Too High for American Drivers
US oil prices went up again after Saudi Arabia said it was not planning to inundate the market with oil to drive price lower and
Will It Ever Happen? – Doubts Mounting Over Saudi Aramco’s IPO
There are growing doubts regarding the public listing of Saudi Arabia’s state oil company Aramco as preparations for its IPO have stalled. Aramco’s IPO is
Market Update: Tehran Signals Compromise with OPEC’s Output Increase Plan
Iran hinted that it would agree to a compromise on a small boost in OPEC production during the cartel’s meeting last Friday. Saudi Arabia has