Tag Archives: Business Line

Iran exported the equivalent of 2.5 million barrels a day in April.

Unlike traditional oil. shale oil is more capital-intensive.

Exports to India accounted for 21 per cent of Iran’s crude oil outbound shipments in 2017-18.

Markets could still be underestimating the supply crunch from Iran sanctions.

Oil prices jumped 2 per cent as US sanctions restricted Iranian crude exports.

Russia could raise output by 300.000 bpd.

With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.

The financial crises in Argentina and Turkey have sent shivers through emerging markets.

The threat of further supply disruptions hasn'.t totally evaporated.

The surge in U.S. output has been offset by deep supply cuts for over a year by OPEC and other producers including Russia.