Are Crude Oil Bears Overshadowing Oil Bulls?
July 18, 2018
The S&P 500 rose ~0.4% to 2,809.55 on July 17—the highest closing since February 1. The index rose due to Fed Chair Jerome Powell’s bullish comments about strong US economic growth. The expectations of strong second-quarter earnings ...
+
As sanctions start to bite, Iran crude exports set to wilt
July 17, 2018
Iran’s oil exports could fall by as much as two-thirds by the end of the year because of new U.S. sanctions, putting oil markets under huge strain amid supply outages elsewhere in the world.
Read Article
+
Iran eyes Asia buyers to protect oil exports from US sanctions
July 16, 2018
Iran is pinning its hopes on Asian oil consumers as it battles to protect crude exports and shield its economy from tough US sanctions.
Read Article
+
Booming LNG market steps out of the dark as transparency push grows
July 12, 2018
Long dominated by deals struck in secret, the $230 billion liquefied natural gas industry is slowly seeing light as global traders push for more transparency in the booming market.
Read Article
+
Steering a new course in Saudi Arabia
July 12, 2018
With the first female drivers taking to the roads in Saudi Arabia, Arabian Business looks at the range of opportunities that the law change will open up.
Read Article
+
India cuts Iranian oil imports in June ahead of U.S. sanctions
July 11, 2018
Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to avoid sanctions by the United States that are set to take effect in November.
Read Article
+
'Pandora's box' could unleash $US100 oil, analysts say
July 11, 2018
The US has taken a fighting stance on global trade, but there's another US policy agenda that has oil markets worried and analysts saying $US100 a barrel oil is once again in sight. [Article Behind Paywall].
Read Article
+
U.S. Allies Starved of Iran Oil Even Before Trump's Deadline
July 10, 2018
Iranian oil shipments to some U.S. allies are being threatened even before America’s Nov. 4 deadline for buyers to curb imports and comply with renewed sanctions on the OPEC member.
Read Article
+
If Trump’s Problem Is OPEC, His Solution Is Iran
July 08, 2018
President Donald Trump has once again taken to Twitter to slam OPEC for driving up oil prices. The group is a useful scapegoat on which to pin the blame for rising gasoline prices at home, but getting it to pump more crude won’t bring th...
+
China Looks to Buck Iranian Oil Sanctions
July 05, 2018
China is unlikely to fully heed President Trump’s caveat to stop buying oil from Iran, according to FGE.
Read Article
+