7PARK DATA’S CARGO EXAMINES UNCERTAINTY FOR IRANIAN EXPORTS
In the latest analysis from 7Park Data’s Cargo Crude Oil report, we assess the run-up to implementation for U.S. sanctions on November 4. As exports decline, the amount of oil that Iran is storing offshore is increasing, with Iran now accounting for approximately one-third of all global floating storage, in contrast to their 3-4% share of total production.
7Park Data’s Cargo is a set of Leading Performance Indicators derived from a diverse collection of vessel and cargo data, providing investors a forward-looking view of oil on water and import-export activity between the world’s leading oil producing and consuming nations, validated against EIA and OPEC reported data.
7Park’s Analytics Services transforms live vessel tracking and manifest data into derived indicators including an average count of barrels per day. Cargo Leading Performance Indicators deliver insight in advance of EIA and OPEC reporting, and tie movement to importing and exporting nations.
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