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Financial Tribune
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First Iranian English Economic Daily #FinancialTribune
First Iranian English Economic Daily #FinancialTribune

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Iran Oil Exports Higher Than Expected in 2019: Iranian crude oil exports in January were higher than expected, while February shipments so far have been holding steady or even higher compared to last month, as several of Iran’s customers are using up their US sanction waivers to continue importing Iranian oil. According to tanker-tracking... http://dlvr.it/QzKbNc
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Russian Co. Asks Japan to Invest in $36b LNG Project: Novatek, a leading gas company in Russia, has asked Mitsubishi Corp. and Mitsui & Co. to invest in an Arctic liquefied natural gas project expected to cost maximum $36.1 billion. If the companies agree to participate, they would be asked to foot 10% of the cost. But the Japanese government... http://dlvr.it/QzHjBk
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Condensate Buyers May Shift Focus to Qatar From Iran: Qatar's ultra-light crude oil grades bore the full brunt of the recent return of Iranian condensate supply, with spot differentials for deodorized field condensate hitting multi-year lows, but uncertainty over the renewal of Iranian sanctions waivers could prop up the Qatari grade in the near... http://dlvr.it/QzHj8Y
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Oil Prices Reach 2019 Highs: Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, US sanctions on Iran and Venezuela, and hopes that the Sino-US trade dispute may soon end. International Brent crude futures were at $66.66 per barrel, up 41 cents, or 0.6 %, from their last... http://dlvr.it/QzCgcM
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EU Starts Natural Gas Price War: The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the US to increase sales to the region. The battle will not brutalize earnings too much because gas supply is just so profitable in Europe, where prices are more than double the... http://dlvr.it/QzCgZl
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2.8m Substandard Motorbikes Are Big Polluters: From the 4 million motorcycles plying Tehran roads, close to 70% are substandard and excessively polluting, says the head of the Department of Environment. In a talk with Mehr News Agency, Isa Kalantari said, “Close to 70% (2.8 million) of the 4 million motorbikes in Tehran is substandard and... http://dlvr.it/QzCgPF
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Dutch Look Overseas for Gas: After decades of supplying itself and its European neighbors with natural gas, an era has officially come to an end for the Netherlands.  The country became a net importer for the first calendar year since it started production from the giant Groningen field in 1963, Bloomberg reported. It... http://dlvr.it/Qz6MDZ
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Renewables to Be World’s Main Source of Power: Renewable energy sources will be the world’s main source of power within two decades and are establishing a foothold in the global energy system faster than any fuel in history, according to BP. The UK-based oil company said wind, solar and other renewables will account for about 30% of the... http://dlvr.it/Qz6M9m
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India Advises Refiner to Avoid US System for Venezuela Crude Purchase: India has asked one buyer of Venezuelan oil to consider paying the South American nation’s national oil company PDVSA in a way that avoids the US financial system, an Indian government source said, after Washington imposed fresh sanctions on Venezuela last month. The United States is seeking to... http://dlvr.it/Qz3bC9
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Oil Market Forecasters Bearish on 2019: The three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh demand. The US Energy Information Administration envisages global demand growth in 2019 rising by 1.49... http://dlvr.it/Qz3b5g
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