The Russian Energy Minister’s offer to attend an OPEC meeting is nothing new. Nevertheless, other developments lead ESAI Energy to believe there is a real chance Russia is willing to bargain, eliminating one of the potential impediments to a grand bargain. Still, the absence of concessions by
INTELLIGENCE BRIEFING: As Iranian oil sales are set to increase, the stability of Iraq and its ability to sustain or expand production is of increasing interest to the global oil market. A negotiated settlement to the Syrian civil war would help weaken ISIS and improve conditions on the ground in Iraq. But, the peace talks cannot get off the ground due to disagreements
Aliquam suscipit semper purus, ut tempor ligula condimentum et. Curabitur nulla diam, blandit et sem nec.
ESAI Energy publishes a monthly forecast of refining margins and trends in the refining industry in its Global Refining Outlook.
ESAI Energy LLC provides comprehensive analysis of the global, regional, and national petroleum and alternative fuels markets.
Analysis of geopolitical factors that shape energy markets and influence energy security decisions.
Analysis of all new trends impacting the supply and demand of petrochemicals
The U.S. Congress appears to have a spending bill that will lift the US crude export ban. We do not expect a significant net increase in exports for two years. In the meantime, crude will flow in and out of the country for quality balancing. If this legislation moves forward, U.S. oil producers will be free to
INTELLIGENCE BRIEFING: Despite some heated rhetoric by opponents as well as small hiccups such as Iran’s recent ballistic missile test, it appears that the nuclear agreement is on track to be implemented by the middle of the first quarter. Increased Iranian crude oil sales are likely to begin in the first quarter of 2016