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
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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
White House Pondering Exceptions to Oil Sanctions on Iran
The White House is actively considering exceptions to the US sanctions on Iran that it will reimpose in November. Countries that are being considered are
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
Geopolitics of Energy: China’s Sinopec Succumbs to US Pressure Over Iran
China’s Sinopec has succumbed to the US pressure and curbed its crude imports from Iran. While the numbers are unclear, based on the current supply
Oil Market Update: Iranian Crude Export Already Down
Iranian oil exports are down before the second round of US sanctions enters into force at the beginning of November. The Iranian economy is poised
Iraq Boosts Oil Production Despite Street Protests
Iraq is producing crude oil at record levels while the oil-rich south of the country is being engulfed by rioting street protests. Iraq’s oil exports
OPEC Boosts Oil Production to Ease Over-Compliance with Output Freeze Deal
OPEC production went up in August as a response to a 2018 high as Libyan output rebounded and Iraq’s southern outlets hit a record. The
Market Update: Iraq Boosts Oil Production to Record Levels
il exports from southern Iraq are about to hit another record high this month, two industry experts said. Iraqi Oil Minister Jabar al-Luaibi said over