Iranian oil compensates for the lack of the world market

According to the Fars International Economic Group, quoted by Bloomberg, according to the statistics of “Kepler”, a tanker tracking company, about 93 million barrels of Iran’s oil and gas reserves have recently been stored on ships in the Persian Gulf, the coast of Singapore and near China. has been made

This is while “Vertexa” Institute has estimated the amount of these reserves at 60 to 70 million barrels. In addition, there are smaller volumes in coastal tankers.

Analysts believe that Iran has prepared a significant number of small fleets of oil cargoes that can enter the market soon; But still solving the problems of insurance and transportation, as well as instant and temporary sales, may take “a little time”.

The possibility of Iran’s full return to the global oil market and the lifting of US sanctions is happening in a complicated situation for oil traders. Investors are counting down to the implementation of the Russian oil embargo by the European Union in December. In addition, government oil sales Biden From the place of strategic reserves, it will end in October.

The possibility of the return of Iranian oil to the global oil markets has affected oil prices in recent weeks and has destroyed the few signs of supply.

According to the estimate of the International Energy Agency, Iran’s crude oil reserves on the water are compared to the average global oil supply per day this year, which is about 100 million barrels per day. America has released 180 million barrels of its strategic reserves in the last 6 months.

According to Amali, an analyst at Vertexa, Iran is producing around one million barrels of oil per day after the country’s oil import exemptions were canceled by America, has exported China is one of the biggest the most Iran’s oil buyers have been.

Kepler company statistics show that Europe consumed 748,000 barrels and 528,000 barrels of Iranian oil in 2017 and 2018, respectively, while Asia consumed 1.2 million barrels and nearly 1 million barrels per day in these years, respectively. has received Iranian oil.

end of Message/