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Sanctions against Iran could contribute to a ``nasty gap`` in the market at year-end.

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.

Shell is a major player in the U.S. Gulf of Mexico.

Glendronach is a significant discovery for Total.

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

Crude oil exports from southern Iraq are close to a record-high so far in September.

Iran has new build capital expenditure (Capex) of around US$22.3 billion for the forecast period.

Russian oil producers are an attractive investment long-term because they have some of the lowest lifting costs globally.

Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.