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US-imposed sanctions have slashed oil exports, which are now nearly all to China. Output remains robust but is running up against the limits of national storage.
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DOI: 10.1108/OXAN-DB247353
ISSN: 2633-304X
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Geographic
Topical
Iran’s increasingly skilled sanctions evasion (aided by less intense US enforcement) has made it the second-largest contributor to higher global oil output over the past year…
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DOI: 10.1108/OXAN-DB286770
ISSN: 2633-304X
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Geographic
Topical
Tehran’s more sophisticated sanctions avoidance tactics and greater willingness to test Washington’s enforcement have substantially boosted exports from 2019 lows. The slow…
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DOI: 10.1108/OXAN-DB260273
ISSN: 2633-304X
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Geographic
Topical
This would feed an already oversupplied market, exacerbating the contango market structure, with prices for future delivery exceeding spot rates. Prices have not returned to their…
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DOI: 10.1108/OXAN-DB199295
ISSN: 2633-304X
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Geographic
Topical
The likelihood of a production-cutting deal between OPEC and non-OPEC producers has diminished, and the moderate rebound in prices at end-January has reversed. In 2016, demand…
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DOI: 10.1108/OXAN-DB208405
ISSN: 2633-304X
Keywords
Geographic
Topical
Shortages in Turkmenistan despite gas wealth.
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DOI: 10.1108/OXAN-DB217187
ISSN: 2633-304X
Keywords
Geographic
Topical
Iran has agreed to restrict its nuclear programme in return for the lifting of sanctions, including on its oil and financial sectors. However, prices recovered slightly after the…