Analysis: Iranian oil exports recover close to pre-sanction levels

Thu, 04/11/2019 - 08:29 -- admin

Iranian oil exports, which have been laboring under US sanctions since late last year, have recovered close to prior levels, supported by unflinching demand from China and South Korea, data from shipping sources and provisional tanker tracking data showed Tuesday.


Crude and condensate shipments from the Persian Gulf producer surged 12% to 1.70 million b/d in March, the highest since October, as key buyers scrambled to pick up more volumes before US sanctions waivers expire in early May.


Why oil prices fall and how long they fall?

Sat, 11/29/2014 - 10:37 -- admin
oil products are influenced by oil market Oil prices are set to fall after couple of co-incidents, 5 reasons Chris Pedersen writes bellow and latest failure OPEC made in their meeting last Thursday. We believe this fall is dangerous for future of world economy, because it can cause in a boom later in the prices, as some of oil producers will go out of production due to low prices of oil and high expenses of extraction.

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