Iran


All posts for Iran

On the way up: The trends that will impact oil in 2019

The price of oil has been on a bullish trend since the start of the year. This is despite a steep decline at the end of last year because of a significant US shale industry output, which pushed down prices. The prices have recovered at the start of this year because the market has bet that supply w ...

Scott Johnson


Posted 1 month agoOpinion > OilVenezuelaChina +5

Crude Oil Prices: Changing Gear

Russia and Saudi Arabia both making new pledges on supply cuts comes despite supply issues elsewhere in OPEC, which could have provided some cushion for smaller cuts. Iranian production remains constrained by new American sanctions; targeted waivers have provided some relief – and indeed Iranian ...

Hui Shan


Posted 1 month agoLink > CrudeOil pricesBrent +5

Key Milestones in 2019 for Oil Prices

The market swang from balanced supply/demand to a supply crunch to a glut – dealing with American sanctions on Iranian crude exports, surging American crude oil production, the implosion of Venezuela's economy and signs that the global economy might be entering a slowdown. Sometime in the first q ...

Hui Shan


Posted 3 months agoLink > CrudeOil pricesBrent +5

Is the US a Net Crude Oil Exporter?

The comparison of those two net trade numbers could be construed that the US has became a net exporter of 0.2 mmb/d of crude and finished products for the week. For any other direction, the US is still a net importer of 4 mmb/d of crude oil or in a net deficit of oil supply by 1.9 mmb/d. But mis ...

Hui Shan


Posted 3 months agoLink > CrudeOil pricesBrent +5

Crude Oil Prices in 2019

This is after OPEC+ managed to corral its members together to agree to a 1.2 mmb/d cut in early December – a move that managed to steady oil prices for mere days. If it manages to keep the supply/demand balance aligned, it is conceivable that crude prices could return to those ranges – which unde ...

Hui Shan


Posted 3 months agoLink > CrudeOil pricesBrent +5

OPEC+ Prevails, For Now

Its reasoning made logical sense – Qatar produces very little crude, so to have a say in a cartel focused on crude was not in its interests, which lie in LNG – but it hinted at deep-seated tensions in OPEC that could undermine Saudi Arabia's attempts to corral members. Split between 800,000 b/d f ...

Hui Shan


Posted 4 months agoLink > CrudeOil pricesBrent +7

South Korea Stopped Importing Condensate From Iran Before Receiving Sanctions Waivers

Source: U.S. Energy Information Administration, based on ClipperData, LLC South Korea, the world's leading importer of condensates , has sought alternatives to partially offset declines in imports of Iranian condensates during the past few months, particularly in light of U.S. sanctions on Ir ...

OilVoice Press - OilVoice


Posted 4 months agoOpinion > South KoreaEIAEnergy Information Administration EIA +2

Rystad Energy: Middle East Driving Global Growth in Conventional Oil Output

Middle Eastern oil production is expected to grow by 2.7 million bpd by 2025, according to latest Rystad Energy analysis. The boost in conventional oil output from the Middle East is primarily driven by supply additions from Iraq with 1.5 million bpd growth, and an additional 1.2 million bpd mainly ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > Rystad EnergyMiddle EastOil +5

FACTBOX: US Imposes Sanctions on Iranian Crude Exports – S&P Global Platts

US sanctions against Iranian crude exports went back into effect Monday, although top buyers of Iranian crude were given temporary waivers until May, when they will be expected to cut purchases significantly. Oil prices climbed Monday as the sanctions kicked in, but price increases were limited by ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > United StatesUSAIran +8

US and Iran Lead Global Polyethylene Capacity Growth to 2026, Says GlobalData

The US and Iran will lead the global polyethylene market capacity growth, which is poised to increase from 110.5 million tons per annum (mtpa) in 2017 to 150.9 mtpa in 2026, says GlobalData , a leading data and analytics company. The company's report: ‘ Global Polyethylene Industry Outlook to ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > GlobalDataUSAUnited States +3

Resumption of Iran Sanctions Adds Uncertainty to Crude Oil and Gasoline Price Forecasts

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , October 2018 EIA's October 2018 Short-Term Energy Outlook (STEO) forecasts Brent crude oil spot prices, which averaged $79 per barrel (b) in September, to average $81/b in the fourth quarter of 2018, before fall ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > IranIslamic Republic of IranSanctions +11

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 5 months agoOpinion > EIAEnergy Information Administration EIAIran +6

Iran and India Continue to Lead Global Ammonia Capacity Growth Over Next Nine Years, Says GlobalData

Iran and India will continue to lead the global ammonia market capacity growth, which is poised to increase from 241.9 million tons per annum (mtpa) in 2017 to 286.4 mtpa in 2026, says leading data and analytics company GlobalData . The company's latest report, ‘ Q3 2018 Global Ammonia Capacit ...

OilVoice Press - OilVoice


Posted 6 months agoOpinion > IranIndiaGlobalData +1

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 6 months agoOpinion > S&P Global PlattsIranUnited States +4

$100 Oil Is A Distinct Possibility

By Nick Cunningham of Oilprice.com An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report. The outages from Iran are worse than most analysts expected, and bottlenecks in the U.S. shale patch could prevent n ...

Oilprice Staff


Posted 6 months agoOpinion > oilpriceoil priceOil +6