India Plans to Reduce Oil Imports from Islamic Republic
The Wall Street Journal reported that India's junior oil minister has said that the country plans to reduce oil imports from the Islamic Republic by eleven percent this fiscal year.
The Wall Street Journal reported that India's junior oil minister has said that the country plans to reduce oil imports from the Islamic Republic by eleven percent this fiscal year.
In an attempt to defy western sanctions, Iran has begun to expand its crude tanker fleet while simultaneously going to extraordinary lengths to conceal its crude customer base.
A brief overview of oil price developments, supply and demand, and significant market movers.
A brief overview of oil price developments, supply and demand, and significant market movers.
A brief overview of oil price developments, supply and demand, and significant market movers.
Rumors and Iranian nuclear programs are proving to be major challenges to a crude market already struggling to gain stability.
Supply concerns dogging major producers have kept both Brent crude and WTI above $100 per barrel to begin the year.
Iran’s saber-rattling in the Persian Gulf kicks off what could be a volatile year for oil markets.
Reuters Africa reported that Italy cannot prevent sanctions against heavy crude imports from Iran.
The political uprisings in the oil-rich region of the Middle East and North Africa are pushing oil prices to a dangerous level that threatens to force many still recovering economies into another recession. Wayne Atwell, Managing Director of Casimir Capital, spoke with Oil Investing News, a part of The Resource Investing News Network, about the possible implications for the resource markets.
Get our independent commentary on oil and gas trends and companies delivered to your inbox.