Tag Archives: Sanctions

Saudi Arabia will continue to increase oil production in order to achieve moderate prices.

Other OPEC countries have been increasing production in recent months.

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.

Iranians has endured sanctions before and ".can overcome this difficult phase as well.".

SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.

The sanctions are expected to impact Iranian oil exports.

India’s refining capacity would increase to about 439 million tonnes per year by the financial year of 2030.

The United States began reimposing economic sanctions this summer.

Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.