spglobal.com
Oil prices are set to decline as global supply growth outpaces demand, with Brent crude forecast to fall from an average of $69/b in 2025 to an average of $52/b in 2026, the US Energy Information Administration said Oct. 7. Global oil stocks are expected to build by an average 2.6 million b/d in the fourth quarter of 2025 and remain elevated throughout 2026, putting downward pressure on prices,
2 months ago
spglobal.com
The Trump administration appears unlikely to support the EU's proposal to lower the G7-led price cap on Russian oil to $45/b, though the US and other
6 months ago
spglobal.com
US expands Iran petroleum sanctions authority, targets 23 ships in ghost fleet
about 1 year ago
spglobal.com
Brent price forecast to average $82.80/b in 2024 EIA launches forecast for biofuels consumption The US Energy Information Administration lowered its 2024 crude price forecasts by more than $1/b on Sep
over 1 year ago
spglobal.com
Trump could return to strict sanctions Harris likely to align with Biden policy US oil sanctions policy could change significantly if Donald Trump wins the presidential election and returns to a polic
over 1 year ago
spglobal.com
Sanctions focus on illicit Iranian oil trade Includes sanctions for five ships The US Department of Treasury has imposed a new batch of sanctions on people, companies and ships involved in trading Ira
over 1 year ago
spglobal.com
Targets shell companies in UAE, Hong Kong Aims to cut funds for regional proxy groups The US Treasury Department on June 25 imposed sanctions on parts of a shadow banking network that Iran uses to lau
over 1 year ago
spglobal.com
EIA sees retail gasoline price at $3.42/gal in 2024 EIA expects US oil output at 13.24 million b/d in 2024 The US Energy Information Administration lowered its 2024 crude price forecasts by more than
over 1 year ago
spglobal.com
Pipeline compressor, refinery technology an issue Oil, coal flows redirected successfully so far Russia has been surprisingly resilient in the face of oil and gas sanctions, but that resilience may no
over 1 year ago
spglobal.com
Could be used as leverage with China Waivers raise implementation questions The Biden administration may leverage new Iran sanctions measures included in the recently passed US security package to pre
over 1 year ago
spglobal.com
Companies will have 45 days to wind down operations But US leaves door open for company specific licenses The United States announced April 17 that it will snap back sanctions on Venezuela’s oil and g
over 1 year ago
spglobal.com
If sanctions are too hard to lift, they lose power: panelists Remaining trade consolidated in Revolutionary Guard companies US sanctions on Iran have not worked as intended, in part because comprehens
almost 2 years ago
spglobal.com
Experts note limited scope of new sanctions Move could improve China's price leverage The US Department of Treasury Feb.
almost 2 years ago
spglobal.com
Threats to the flow of crude supplies have worsened in recent weeks with oil and petroleum products tankers among targets struck by Yemen’s Iran-backed Houthi rebels. Foreign policy and international
almost 2 years ago
spglobal.com
The Biden administration in December signed off on a plan to conduct the fewest oil and gas lease sales in history, with just three auctions in the Gulf of Mexico planned in the next five years. Now,
almost 2 years ago
spglobal.com
Shipping company Hennesea owns 18 ships Russian crude price has hovered near cap The US has taken its first enforcement action of the year related to the $60/b price cap for Russian oil, sanctioning a
almost 2 years ago
spglobal.com
EIA expects WTI to average $74.98/b in 2025 US oil production may set records in 2024, 2025 Retail gasoline price forecast at $3.36/gal in 2024 The US Energy Information Administration Jan.
almost 2 years ago
spglobal.com
EIA expects WTI to average $74.98/b in 2025 US oil production may set records in 2024, 2025 Retail gasoline price forecast at $3.36/gal in 2024 The US Energy Information Administration Jan.
almost 2 years ago
spglobal.com
Global risk factors could shift administration’s focus Russian price cap could be major target Little Venezuela action expected in near term US gasoline prices in 2024 will be a factor in any Biden ad
almost 2 years ago
spglobal.com
In October, the US agreed to ease sanctions on Venezuela in exchange for progress toward a fair election next year. But Venezuela has not fully held up its side of the US sanctions deal, and now it is
about 2 years ago
spglobal.com
Three entities, three vessels targeted Two vessels have links to Russia For the second time in three weeks, the US Treasury Department has imposed new sanctions on entities and ships for carrying Russ
about 2 years ago