CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US Sanctions Aim to Reduce Iran Exports by 400kbpd: Rapidan Energy

OIL

US authorities have tightened enforcement of sanctions on Iran's oil and petrochemical sales as Iran continues to advance its nuclear program.

  • The administration has set a goal of reducing Iran's crude and condensate exports by 400kb/d over the coming months to 1mb/d according to analysts at Rapidan Energy Group.
  • Oil smuggling networks have allowed Iran to continue generating oil revenue in contravention of US-imposed sanctions on the country's oil sector.
  • The latest sanctions, according to the US State Department on 2 March, crack down on six companies and 20 vessels that have facilitated Iran's energy exports.
  • Crude oil production was at 2.557mbpd in Jan 23 according to the most recent OPEC monthly oil report.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.