1. Prices Hit 11-Year Lows With No Sign Of A Reprieve

    ...erage imports from Iran of 120,000b/d for the first 11 months of 2015, this year is on target to be the lowest for at least a decade: last year South Korea imported 125,000 b/d from Iran; volumes were twice as much (248,000 b/d) in 2011 before sanctions intensified (see graph). The IEA’s latest mo...

    Volume: 58
    Issue: 51
    Published at Fri, 18 Dec 2015
  2. Libya: Fragile Peace Leaves Many Questions Unanswered

    ...volved in fighting in Libya since the ousting of Muammar al-Qadhafi in 2011. A political agreement is a crucial part of securing a lasting peace in Libya, but the two governments have far from complete control over the patchwork of militias involved in the conflict, whether or not they have declared al...

    Volume: 58
    Issue: 51
    Published at Fri, 18 Dec 2015