Monday, November 25, 2013

Iran Nuclear Deal Could Revolutionize Oil Market - Report


Iran’s nuclear agreement with the West could allow more Iranian oil on the world market in the coming months. McClatchy’s Sean Cockerham, quoting a senior energy analyst, reports today that consequences for global energy will be huge if the negotiations eventually lead to an end of international sanctions against Iranian oil.

“If Iran really gets back to producing its oil and expanding capacity, the potential is almost as big as the shale gas revolution in the United States,” said Phil Flynn, senior energy analyst for the Price Futures Group. (McClatchy DC, 25 November)

To read Cockerham’s piece, please click here.

File Photo: Iran’s oil export terminal at Kharq Island (Getty Images)

21 comments:

Mark Pyruz said...

Potentially great news for American consumers!

Anonymous said...

Nonsense Mr. American, because the toughest tasks on the Iranian nuclear deal will still to come, and recent results of the Geneva deal amounts largely to a holding action, where the West will assume that further extra limitations must come for an additional token reward for the Islamic Republic, and where the Iranian military will use that time to try a completition of its defensive preparadnesses.........

A-F

Anonymous said...

More Money in Mullahs Pockets.

B.M.A said...

Not only 'revolutionizing oil market'! Iran's re-entry in the global stage will stabilize a horde of sinking Nations in Europe, and beyond -It will be good news especially to Israel and France as many poor economies will make a come back and hence become new Markets for their products!.

Anonymous said...

Remember the "USRAELI'S"? And the "GREAT SATAN"?

How about "MARG BAR AMERICA!" LOL !!

Didn't Khamenei drink the poison chalice?

Anonymous said...

Nothing is going to happen. Iran will be "allowed" to sell its own oil at a rate of nine hundred thousand barrels a day for "six months" and receive about a fraction of its "own money" due to it. Put in simple terms,the west has Iran by the balls and there isn't a damn thing the regime that put us there in the first place can do about it.

So much for the "victory" that the regime claims it has won.

Anonymous said...

To Anon 10:48 AM

Agreed. Regime apologizers will wave the flag of victory over this one just as their forefathers did when Iran got whooped during last year of the war with Iraq. The delusions are strong in that bunch of sheeple.

Anonymous said...

sad but very true. for years they were shouting and preaching US cannot do a damn thing and here we are. They are now begging to eat from their own bread so to speak. It is no different from an individual being declared bankrupt and only allowed what the receiver offers from the bank account.

The issue is that this is all self inflicted. And of course this is a nation that prides itself by having 2500 years of civilisation. I wonder if Cyrus 2500 years ago whould have said what Khamenei said about Israel few days ago. I mean the guy is 80 years old and is talking like a "darougeh Shagerd"! Someone who is running a nation should not talk like that. It is beyond pale, totally embarressing.

Anonymous said...

Black Man Adam, what a load of nonsense! If there was a price on bullshit you would have been a millionare!

B.M.A said...

anon 26 at 4:57pm - price for bullshit!

-Now ,which part of my statement did you fail to grasp or do you feel offends you- HERE then we go - lets make it so simple and dilluted -

@sinking Nations in Europe-

What i mean is,we have countries in Europe like Greece and others who are facing a down turn ,with the sanctions removed in the long run ,these countries would resume their ties with the Islamic Nation and this would invigorate trade among them which i believe would be very beneficial to these European countries.
@ noble question - do you think these words are too chocking to your blood system and hence offensive to you?

@- Europe and beyond

Here let us go to INDIA ,what would happen if this giant Asian Nation trades freely with IRAN ?.It would mean more revenue for her.@-In India THERE ARE joint programs between her and Israel in research and technology which are not running smoothly with India lamenting lack of funds in financing them.A robust trade between Iran and India will ensure the availability of these funds which would indirectly be beneficial to Israel too.
@-how then does this become a hot potato to you!?-

@ A million gift for my bull shit?

No thanks ! , given your visible lack of concentration ,i would reward you the loot!.- I believe that would give you some peace of mind.

Anonymous said...

Anon 4:54 PM......We claim to have a 2500 year civilization but for one minute we can't sit down and ask ourselves what type of creatures these mullahs and their hayvoons are and the solutions for getting rid of them.

Anonymous said...

Anonymous November 26, 2013 at 7:32 AM
You seem to be forgetting that the wests own stance was zero enrichment for iran,now it has had to back down and accept iranian enrichment,if iran is drinking a "poison chalice" then what is the west drinking

Anonymous said...

2500 years of civilisation is much greater than 65 years of apartheid, ethnic cleansing and occupation.

Anonymous said...

Anon 9:51 AM

I tell you what the west is drinking. IRAN'S BLOOD !

Anonymous said...

Anon 1:16 PM.......You alright mate? You seem very confused. Have you taken that medication the doctor prescribed ? Hope you get better soon with a more clear mind.

Anonymous said...

there are no effective measures that the Iranian military can take in six months or sixteen months that would be of any great use in defending Iran's air space against US air power.

Anonymous said...

Anon 6:39 PM
Recently Russian Deputy PM visited Iran, and this web site somehow IGNORED that fact by not publishing information about that.
During that visit Deputy of the Russian PM, Mr. D. Rogozin, who is a second voice to V. Putin in the aerospace and military equipment's matters, has conferred with the Iranian DM and other experts as well as was received by the President Rouhani.

Mr. Rogozin, who previuously served as a Russian envoy to the NATO, has been very outspoken critic of the West, and couple months ago described West's policies toward Syria, as a monkey's play with a grenade....

That visit and previous ones by the Russian Air Force Gen. Bondarev, in a short period of time, point to the intensive consultation and preparation, for a close cooperation between both militaries.
Russian Navy's visits with larger warships and planned visit by a missile cruiser, fortify thesis that Iran will be asked to host Russian warships for their ressuply and other tasks.
It is important for Russia, because the Suez canal and Bosfor Strait passages cannot be trusted, granted ........for ever.

If someeone would point that Russia still adheres to the UN sanctions, some aspects as a training of operators, before future, speedy, delivery of military hardware will save significant amount of time for deployment of that hardware.
Russia also expects exchange of expertises with Iran regarding UAVs, because they are striving to speed developments up on their side, in that matter,
They also want to avoid (part?) of penalties of the $4 Billions, due to the previous cancelations of the S-300, and the Iranian ambassador to Russia, has stated that Iranian side may be not" rigid" in that matter...(if solutions will come soon).

Since couple years ago Russia has delivered Avtobaza systems, despite sanctions, it is obvious that they can supply some military components either.... and they might be for the Bavar too.

A-F

Anonymous said...

AnonymousNovember 26, 2013 at 10:48 AM
You seem to be deliberately ignoring the fact that the west was the one that had to back down,that the west who for so long said "zero enrichment" now had to back down and accept irans right to enrich,this was the same west that wouldnt agree to a few dozen research centrifuges now has to agree to thousands of centrifuges and enrichment on an industrial scale

Anonymous said...

What is not alright is people with only 65 years of occupation instead of real civilisation and culture, trying to attack people who actually have civilisation and culture. Spoilt, indulged children trying to attack adults.

Anonymous said...

A-F------

it's more likely that the Russians were bringing the Iran officials bad news and telling them that there was no alternative to accepting inspections and giving up the weapons development work for the immediate future.

Anonymous said...

Anon 4:19 AM
The economy has gone up in smoke and millions of people live below the poverty line and you're saying the regime has given Iran a "victory" because of a few thousand centrifuges that have no use at all for Iran. The busher reactor fuel is supplied by Russia so what the hell do we want to enrich uranium when we haven't a single reactor built to use the fuel?