YD ,
good points and many Iranians may not wish to accept an output cap. However, level heads will hopefully prevail along the following lines.
Iran are the final cog in a worldwide opportunity to re-balance the oil market.
Iran craves its newfound autonomy and influence, but Iran will not get everything it's own way.
If Iran is forced to compromise, then at least it can compromise on volume opportunity for price opportunity. Revenues for the people will increase if they do .
Since coming in from the cold of the sanctions, Iran needs to win friends in the international community and everyone is watching how they react to this issue.
The spotlight is on , negotiate hard, demand what you need, but ultimately make some compromise to strike a deal.
The powerful nations will remember, at least for a while.
FT
Oil Freeze Failed, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.72 |
Change
0.030(0.45%) |
Mkt cap ! $21.82B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55681 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 10465 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |