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Adoption day for the Iran nuclear deal and Saudi strategy: risk to oil price?


Adoption day for the Iran nuclear deal and Saudi strategy: risk to oil price?

Report summary

Sunday 18 October marked adoption day for the Iran nuclear deal or 90 days from the 21 July 2015 UN Security Council passage of Resolution 2231. Iran and the P5+1 now begin the process of meeting the specific and concrete steps needed to meet the requirements of the agreement. Wood Mackenzie assumes sanctions against Iran will be lifted in Q1 2016. Recent developments indicate this is still likely. The planned increase in Iranian supply for 2016 is having an effect on Saudi oil strategy.

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Description

This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.

Wood Mackenzie's trusted insight helps you deliver successful growth strategies.

  • Oil market impact – Saudi Arabia keeps output high
  • OPEC meetings
  • Oil market risk

In this report there is 1 table or chart, including:

  • Oil market impact – Saudi Arabia keeps output high
  • OPEC meetings
  • Oil market risk
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