PG Slots Cassino PG Slots CassinoPG Slots Cassino US Sanctions - Page 18 of 19 - SAFETY4SEA PG Slots Cassino

Tag: US Sanctions

Filter By:

US withdrawal from JCPOA to affect oil market

After the US decided to withdraw from the Joint Comprehensive Plan of Action regulating Iran’s nuclear activities, there is a change in the the focus of oil market analysis from the fundamentals to geopolitics. There is a 180-day period for customers to adapt their purchasing strategies and it remains to be seen other aspects of the sanctions will be implemented. When sanctions were imposed, Iran’s exports fell by about 1.2 mb/d. Namely, EIA said: It is too soon to say what will happen this time, but we should examine whether other producers could step in to ensure an orderly flow of oil to the market and offset a disruption to Iranian exports. However, neither Venezuela nor Mexico can raise output in the short term, but some of the 1.5 mb/d that have been reduced by other producers under the Vienna Agreement might be available to keep markets well supplied. In Venezuela, the decline of oil production is accelerating and by the end of this year output could have fallen by several hundred thousand barrels a day. The possible supply shortfall by Iran and Venezuela could cause a major challenge for producers to diverge from sharp price rises and fill the ...

Read more

US imposes more sanctions against Russia

The US expanded its sanctions against Russia, and they now include designations against key individuals operating in Russia’s energy sector, along with 12 energy companies owned or controlled by these persons. These new sanctions also have implications for non-US persons and entities, which have to carefully consider the risk of secondary sanctions when dealing with Russian parties in the future.

Read more
Page 18 of 19 1 17 18 19