Sanctions


All posts for Sanctions

Iran Has Produced and Exported Less Crude Oil Since Sanctions Announcement

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , October 2018; ClipperData Note: Liquid fuels production includes crude oil, lease condensate, hydrocarbon gas liquids, biofuels, and refinery processing gain. Iran's crude oil exports and production have declined ...

OilVoice Press - OilVoice


Posted 6 hours agoOpinion > EIAEnergy Information Administration EIAIran +6

Foreign Firms Look to Play Crucial Role in Venezuelan Oil and Gas Sector, Says GlobalData

The majority of foreign companies are not making any profit or losing money in their partnerships with PDVSA to develop and produce hydrocarbons due to inadequate investment, shattered infrastructure and US sanctions. However, in the long term, having access to the vast hydrocarbon reserves of Vene ...

OilVoice Press - OilVoice


Posted 6 days agoOpinion > VenezuelaOilgas +7

S&P Global Platts Factbox: One-Month Countdown to US Sanctions on Iran's Oil Buyers

Washington DC — Iran's oil buyers have a month to halt their trades or risk getting banned from the US financial system for violating secondary sanctions that return November 5. Oil prices continue to be supported by the deadline and the hard-line enforcement expected by the administration of Pres ...

OilVoice Press - OilVoice


Posted 17 days agoOpinion > S&P Global PlattsIranUnited States +4

The Downside For Oil Is Limited

By Nick Cunningham of Oilprice.com More than two weeks of nearly uninterrupted price gains for crude oil ended this week, with the rally running out of steam. The question is what happens next? Oil prices posted steep losses just as the bulls were back on the march. WTI briefly topped $70 per b ...

Oilprice Staff


Posted 1 month agoOpinion > oilpriceOiloil price +6

3 Ways The Oil Industry Will Be Hit By the Iran Sanctions

Unilateral U.S. sanctions on Iran, which came into force this week, will hit the country hard, of that there can be no doubt. The sanctions affect trade in dollars, gold, steel and aluminium, and in November the restrictions will be extended to include Iran's oil trade . But what are the possible ...

Scott Johnson


Posted 2 months agoOpinion > Iraniran sanctionsSanctions +5

Supply-side Shock Ahead in November?

  The US has just rebuffed high-level pleas from the European Union to grant exemptions to European companies operating in and with Iran, underlining America's hardline stance in implementing its renewed sanctions on Iran. The goal is, according to Treasury Secretary Steven Mnuchin, is to reduce ...

Easwaran Kanason


Posted 3 months agoOpinion > IranUSSanctions +4

Oil Sanctions on Venezuela No Longer Needed at Full Scale, Says GlobalData

On Monday 21 st May President Donald Trump signed a new executive order aimed at prohibiting certain oil related transactions with Venezuela. This new sanction package is, however, symbolic in comparison to the more targeted sanctions previously considered that would limit exports of Venezuelan cr ...

OilVoice Press - OilVoice


Posted 4 months agoOpinion > OilSanctionsGlobalData +2

Field Activity Levels Increase in Iran Amid Talks of Sanctions

Iran has been ramping up activity at key oil fields as a US decision on sanctions looms. A similar surge occurred after the sanctions were lifted in 2016, as Iran ramped up output to 3.8 MMb/d. Iran inventories have crept up since October 2017, reaching  26.8 MMb in March. Exports have avera ...

Kayrros


Posted 5 months agoOpinion > IranUnited StatesSanctions +11

Sudan’s New Business Council Looks West For Post-Oil Prosperity

After 20 years, last week saw the formal lifting of US economic sanctions on Sudan. In a punishing two decades, Sudan has weathered a devastating humanitarian crisis in Darfur, the cessession of the South and the loss of its precious oil revenues with it. But it has not been buckled, and it has not ...

Flo Kigbala - Delta Deep Content


Posted 1 year agoOpinion > SudanOilSanctions +3