EMerging Equity
Oil market
How The Iran Deal Will Affect Oil Markets In The Long Term
By Stratfor Global Intelligence Iran will offer joint venture contracts to attract international energy companies, which will give the country some advantage over Persian Gulf producers. Tehran will need more than five years to achieve its goal of producing 6 million barrels per day. Legal requirements imposed on foreign firms in Iran will still make operating in … Continue reading
Historic Iran Nuclear Deal Resets Eurasia’s ‘Great Game’
By Pepe Escobar, Asia Times This is it. It is indeed historic. And diplomacy eventually wins. In terms of the New Great Game in Eurasia, and the ongoing tectonic shifts reorganizing Eurasia, this is huge: Iran — supported by Russia and China — has finally, successfully, called the long, winding 12-year-long Atlanticist bluff on its “nuclear … Continue reading
For First Time Since 2005, Russia Overtakes Saudi Arabia To Become China’s Top Crude Dealer
Russia has overtaken Saudi Arabia to now become China’s top crude dealer for the first time since October 2005 as the tussle for market share in the world’s second-largest oil consumer has intensified, Bloomberg reports. In May, China imported a record 3.92 million metric tons of crude oil from Russia, which accounts for 927,000 barrels per day or a … Continue reading
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