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    The Oil Patch

    The Oil Patch

    March 17, 2017 IT’S CHANGED! — After 3 1/2 boring months with little change in the price of an OPEC barrel, the long-awaited change has now arrived.  The price fell…

    State agencies can’t count

    March 17, 2017 Iran has long been bedeviled by state agencies that issue statistics that are often conflicting.  The research arm of the Majlis has now called on the two…

    Oil cuts only half what pledged and shale ramping up

    Oil cuts only half what pledged and shale ramping up

    January 03, 2017 It was bad news for oil producing countries as the first reports on January output showed only about 50 percent compliance with promised cutbacks.  What’s more, American…

    Iran’s inflation rate looks like it will soon rise again

    January 03, 2017 The inflation rate is definitely not declining any longer and may again be rising. Inflation in the last Persian month, Dey, was measured at 9.6 percent by…

    Turkmenistan: talk or arbitrate

    January 03, 2017 Turkmenistan is ready to continue talks with Iran after cutting gas supplies to Tehran January 1, but also has the right to take the dispute over past…

    The Oil Patch

    The Oil Patch

    January 03, 2017 STEADY — The price of an OPEC barrel continued marking time this week, despite the bad news seen in our lead story above.  The numbers there are…

    Iran must pay Turkey $1.9B for overcharging

    January 03, 2017 Iran and Turkey have resolved a five-year-old dispute over the proper price Turkey should pay for Iranian gas and, as a result, Iran will have to pay…

    Rial Daily Open Market

    Rial Daily Open Market

    February 3, 2017…