Iran: New deposit with almost 1 trillion cubic meters of natural gas December 6, 2022 A new oil field has been discovered in southwestern Iran, the Tasnim news agency reports. State oil company NIOC announced that Iran’s Oil Minister…
Europe is going to use “Arctic” weapons against Russia December 1, 2022 Russia has activated the Northern Sea Corridor and is avoiding Western sanctions. sanctions make the Northern Sea Route more attractive to Moscow. After all,…
The Rift between the US and Saudi Arabia is Widening October 13, 2022 The key indicator that a country has real power in the international landscape is not so much the size of its armed forces, but…
How Can the West Acquire Iran’s Oil and Steel? June 30, 2022 Russia has offered discounts to oil buyers, but given the Western sanctions imposed on the country, it will take time for the Russians to…
Diesel/Gasoline Supply Shock Leads to Hyperinflation and GDP Fall June 23, 2022 The global diesel and gasoline markets are crashing in the $ 50-60 per barrel (bbl) range, reflecting a clear lag in the refining system…
High probability the Price of Brent to Remain over $115 by the End of 2022 June 16, 2022 The recent EU deal on a Russian oil embargo has put upward pressure and volatility again, with Brent prices hovering well above USD120 last…
US-Kurdish-Turkey Secret Plan to transport Syrian oil to EU markets May 12, 2022 The plan to transport Syrian oil to the western markets via the Mediterranean coast in cooperation with the US PKK-YPG has been finalized with…
The Potential Global Economic and Geostrategic Impact of the Biden Decision on the Release of Strategic Oil Reserves April 7, 2022 US President Joe Biden’s unprecedented decision to release one million barrels of oil per day for the next six months is aimed at restoring…
Big Shock to Oil Supply Levels Due to War March 17, 2022 The International Energy Agency (IEA) today voiced fears of a “shock” to global oil supplies following sanctions imposed on Russia after its invasion of…
