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Brent - ANZ on signs of oil supply tightness easing

A handy snapshot summary from ANZ on oil supply:signs of supply tightness easingIraq’s oil minister, Hayyan Abdul Ghani, is reported to be planning the resumption of oil exports through the Ceyhan terminal. Output has been curtailed by a dispute over payments between Iraq and Turkey over the past few months. Prior to this, it was exporting around 500kb/d. This was exacerbated by data showing exports from Iran surged to 2.2mb/d this month, according to data from TankerTracker.com. This is around... Read More

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Posted: Aug 21 2023, 22:28

Author Name: forexlive

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