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Iran Seeks To Reclaim Former Markets In 2016
...mpeting directly for buyers with their medium and heavy sour crude grades in Europe, which imported 595,000 b/d of Iranian crude on average in 2011, the last full year before the European embargo was implemented. In Asia, Iran’s largest market even before sanctions (see chart, p16), the impact of this ti...
Volume: 58Issue: 52Published at Wed, 23 Dec 2015 -
Badri Urges Straight Course
...ssible emergency meeting ahead of May (MEES, 14 December). Just why such high supply has not had a bigger impact on prices was somewhat of a mystery. OPEC basket prices have been above $100/B for all but three months since January 2011. OPEC output, according to the OPEC’s own Monthly Oil Ma...
Volume: 55Issue: 52Published at Fri, 21 Dec 2012