Commodity Trade Mantra

Posts Tagged ‘Iranian Crude’

Iran’s Oil Industry "Neither Shaken Nor Stirred" By New Sanctions

It does not seem that Trump’s new sanctions can do much to deter Iran. Political posturing in the form of targeted sanctions may cause anti-American sentiment in the country to flare-up as Iranian politicians paint Trump as the ultimate boogeyman, however, the scope of the unilateral sanctions will prevent any serious consequences to Iran’s oil sector moving forward.

Could We Finally Have A Meaningful Oil Price Rally?

There are a few reasons for the newfound bullishness in oil prices. First, rig count declines are starting to slow. Second, a likelihood that production has also flattened and is approaching a decline. Another reason for the oil price surge was due to the markets shaking off concern that Iranian crude will suddenly flood the market.

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