Monthly Archives: February 2016

Russian Resillience

According to this article on Real Clear Energy, Russia may be touring the world preaching production freeze now, but its Freeze, Baby, Freeze stance is the result of recent conversion — as this chart from the Wall Street Journal shows. … Continue reading

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Tankers: First Suezmax chartered to load Iranian crude oil post sanctions

According to this article on Singapore (Platts)–2 Feb 2016 806 am EST/1306 GMT, Litasco, the trading arm of Russia’s Lukoil, is set to ship the first Suezmax-sized cargo out of Iran after international sanctions were lifted three weeks ago, market … Continue reading

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French Oil Giant Total Beats Shell, BP In Race To Enter Iran

According to Gillian Rich of Investor’s Business Daily, Iran is open for business, and France‚Äôs Total (TOT) reportedly was one of the first Western companies ready to resume relations with Tehran after economic sanctions were lifted. The oil giant will … Continue reading

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