NEW YORK, March 4 (Reuters) – Oil surged on Friday, ending the week at multi-year highs as Russia’s invasion of Ukraine intensified and oil buyers shunned barrels from the world’s second-largest exporter of crude. Crude […]
(Reuters) – Russia’s demand for written U.S. guarantees that sanctions on Moscow would not harm Russian cooperation with Iran is “not constructive” for talks between Tehran and global powers to revive a 2015 nuclear deal, […]
Rumors that a deal on Iran’s nuclear activities could be signed within 72 hours sent oil prices lower on Thursday morning after Brent and WTI had hit nine and 11-year highs, respectively, in earlier trade. […]
ENB Publishers Note: This confirms last month’s meetings with China and Russia surrounding the new energy agreements. The new agreements from China solidify the Russian indifference to sanctions by the world. This is the same […]
ENB Publishers Note: In my opinion, there will be no treaty as Iran has placed contracts and survived with the sanctions, and does not care what the United States thinks. The new supply contracts with […]
Where did all the oil go? According to the latest estimates, the world should still be awash in oil stockpiles built up during the pandemic. But that’s not what the actual data on oil supplies […]
Sales of Iranian crude oil, gas condensates and petrochemical products have risen dramatically in the past 10 months, the country’s oil minister said. Addressing lawmakers in Tehran, Javad Owji said that Iran’s budget for the […]
ENB Publishers Note: And how does this impact the oil market? Iran has shipped oil outside of the sanctions and has remained resilient in spite of the sanctions. The United States has become irrelevant, and […]
Blinken says Russia, China are ‘clearly frustrated’ with Iran Beijing concedes Iran proposal leaves sides sharply divided Iran’s latest proposals on how to restore a nuclear deal with world powers sharply divided negotiators at talks […]
Source: U.S. Energy Information Administration, Iran Country Analysis Brief Despite international sanctions, Iran produced 8.4 trillion cubic feet (Tcf) of dry natural gas in 2019, making the country the world’s third-largest dry natural gas producer after the […]
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