Iran


All posts for Iran

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 8 days agoOpinion > oilpriceOiloil price +6

Iran's Loss, Russia's Gain

Russia will export more crude beginning in September, with most incremental exports targeting Europe, according to ESAI Energy's CIS Watch Crude Outlook . Russia's higher exports will come just as European refiners cut imports of Iranian crude, turning Iran's loss into Russia's gain.  According t ...

OilVoice Press - OilVoice


Posted 13 days agoOpinion > ESAIESAI EnergyRussia +6

Iran and India Drive Global Ammonia Capacity Growth to 2026, Says GlobalData

Iran and India are set to lead the global ammonia market capacity growth, which is poised to increase from 240.6 million tons per annum (mtpa) in 2017 to 284.8 mtpa in 2026, says leading data and analytics company GlobalData . The company's latest report: ‘ Quarterly Global Ammonia Capacity an ...

OilVoice Press - OilVoice


Posted 17 days agoOpinion > IranIndiaAmmonia +1

Dr. Daniel Fine: Trump and Oil in Trade Geopolitics

Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production.  This has caused euphori ...

Will Fine


Posted 19 days agoOpinion > United StatesMiddle EastPermian +69

Iran's Crude Buyers Explore their Options

India and China are exploring ways to keep taking Iranian crude after U.S. sanctions hit in November, according to ESAI Energy's recently published Middle East Watch Crude . Iran's national tanker company, NITC, has begun insuring cargos to both countries, and rupee- and renminbi-riyal payment m ...

OilVoice Press - OilVoice


Posted 21 days agoOpinion > IranIslamic Republic of IranESAI +6

A Saudi-Iran Oil War Could Break Up OPEC

By Irina Slav for Oilprice.com When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowi ...

Oilprice Staff


Posted 26 days agoOpinion > Saudi ArabiaKingdom of Saudi ArabiaIran +4

Saudi Arabia And Iran Reignite The Oil Price War

By Tsvetana Paraskova for Oilprice.com The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanction ...

Oilprice Staff


Posted 1 month agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +9

Condensate & Naphtha Forum

The Condensate & Naphtha Forum,  held annually since 1996 in Asia, Middle East & Australia, has evolved into an annual “ must attend ” event for serious producers, buyers & sellers of Condensate & Naphtha. With business interactions at the highest levels, underscored by the presence of marke ...

Naini Gupta


Singapore     SG 08 Nov 2018


Posted 1 month agoEvent > condensateNaphthapetrochemical industries +7

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 1 month 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 1 month agoOpinion > IranUSSanctions +4

S&P Global Platts FACTBOX: OPEC Oil Output Negotiations Tense as Seminar Starts in Vienna

OPEC talks over the future of its production cut agreement are on a knife edge, as ministers gather in Vienna ahead of Friday's critical meeting. The producer bloc hosts a two-day seminar starting today, a conference featuring ministers and CEOs of major oil companies, including BP, Total, Eni, Sa ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > S&P Global PlattsOPECOil +7

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 4 months agoOpinion > IranUnited StatesSanctions +11

US Leads Globally in Planned Polyethylene Capacity Additions to 2022

Analysis of the global planned polyethylene capacity shows that the US has the highest planned polyethylene capacity additions globally with 9.4 million tonnes per year (mtpa) during 2018 to 2022, followed by Iran and China with 5.8 mtpa and 4.4 mtpa respectively, according to GlobalData , a lea ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > United StatesUSGlobalData +3

Over $21bn of capex to be spent on Iran’s oil projects by 2021, says GlobalData

Analysis of crude oil production in Iran shows that approximately $21bn in capital expenditure (capex) will be spent by Iran on oil projects between 2018 and 2021, to ensure that production grows to around 4.9 million barrel per day (mmbd) in 2021, according to GlobalData , a leading data and an ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > GlobalDataCAPEXCrude oil +6

OPEC Feb Crude Output 32.39 Mil b/d, Down 70,000 b/d From Jan: S&P Global Platts Survey

OPEC FEB CRUDE OUTPUT 32.39 MIL B/D, DOWN 70,000 B/D FROM JAN: S&P GLOBAL PLATTS SURVEY VENEZUELA FEB OUTPUT LOWEST IN S&P GLOBAL PLATTS SURVEY HISTORY, ASIDE FROM 2002-03 STRIKE LIBYA FEB CRUDE PRODUCTION HIGHEST IN NEARLY FIVE YEARS: S&P GLOBAL PLATTS SURVEY   London (Platts)--06Mar2018/530 a ...

OilVoice Press - OilVoice


Posted 6 months agoOpinion > OPECCrudeOutput +7