SVB Energy International in the Media 2022
Bloomberg: December 23, 2022- Sara Vakhshouri, SVB Energy International founder & president, discusses China's oil demands and Russia's threat to cut oil output. She speaks with David Westin on Bloomberg's "Balance of Power."
Bloomberg, December 7, 2022- "Something that we also have to consider is that China and India already purchased Russian oil at about 25-30 dollars per barrel, below the market," explains Dr. Sara Vakhshouri, Founder & President of SVB Energy International. She speaks with Romaine Bostick and Katie Greifeld on "Bloomberg Markets The Close." (Source: Bloomberg)
Market Place, November 22, 2022- That said, OPEC could increase production if oil supplies get too tight, said Sara Vakhshouri with SVB Energy International. Europe is about to clamp down on imports of Russian oil, which means less supply. It’s also getting cold. “Looking at the next month, we might have colder weather, which means higher demand,” Vakhshouri said.
Atlantic Council, November 3, 202- Sara Vakhshouri, Founder, SVB Energy International and SVB Green Access, said Iraq could have energy independence and decarbonization, stressing the importance of extracting its own natural gas and expanding oil production. She discussed that lack of investments in fossil fuels is a major reason for high energy prices and shortage in energy supplies. Further, she emphasized that energy production and security issues remain present due to problems with investment regulation which prevents Iraq from advancing domestically and globally.
Bloomberg: October 12, 2022- Sara Vakhshouri, SVB International founder & president, discusses the state of oil markets. She speaks with David Westin on Bloomberg's "Balance of Power."
Fox News: September 28, 2022- Natural disasters, shrinking oil reserve creating 'tension' in the market: Dr. Sara Vakhshouri. Using US Strategic Petroleum Reserves for short term political gains and shrinking oil reserve is creating 'tension' in the market.
Bloomberg, September 11, 2022- Sara Vakhshouri, President at SVB International, discusses her outlook for the energy sector as EU energy ministers call for an urgent push to intervene. She speaks with Shery Ahn and Paul Allen on "Daybreak Australia".
Bloomberg's 'Balance of Power' with David Westin: August 24, 2022- Sara Vakhshouri, SVB International president, discusses 'rapid' oil market volatility and uncertainty. She speaks with David Westin on Bloomberg's "Balance of Power." (Source: Bloomberg)
Bloomberg's 'Balance of Power' with David Westin: August 23, 2022- Dr. Sara Vakhshouri, SVB International president, discusses oil volatility and uncertainty.
Reuters: August 17, 2022- "Iran has been exporting more since the new U.S. administration - oil, products and petrochemical goods," Sara Vakhshouri of Energy consultant SVB International said. And while high oil prices have reduced pressure on Tehran to do a nuclear deal, if talks to ressurect one succeeds it would allow Iran to boost sales beyond China, to former buyers in South Korea and Europe.
Bloomberg TV: August 11, 2022- Dr. Sara Vakhshouri speaks with Bloomberg TV on the energy crisis, fuel & electricity prices in the US & Europe, Rhine's low water level & supply interruptions to power plants in Germany, energy supply/demand, OPEC production & spare capacity.
The New York Times: July 12, 2022- Iran is facing similar problems, said Sara Vakhshouri, an oil expert at the Middle East-focused consultancy SBV Energy International.
She said the Chinese government has prioritized Russian imports partly because it has closer strategic ties to its northern neighbor. “Iran knows the energy pain that E.U. countries are bearing, and that this could get worse,” said Ms. Vakhshouri, the energy expert. “Ultimately it is in Iran’s favor.”
CNBC, June 8, 2022 - Dr. Vakhshouri discussed oil market, lack of refinery capacity, OPEC Production, JCPOA and Iran's Return to the Oil Market, in an interview with CNBC
NPR's Marketplace, June 1, 2022 - That is, until Russia invaded Ukraine, he added. Since then, Russia has been missing its oil production targets. And if it’s not hitting its quotas, it’s not of much use to OPEC, said Sara Vakhshouri, president of SVB Energy International. “Because Russia cannot make its commitments — and also the policies of Russia are not in line with OPEC’s agreement — then it might be a perhaps a good solution for OPEC to have Russia out,” Vakhshouri said.
Bloomberg: May 8, 2022 - Sara Vakhshouri, Founder and President at SVB Energy International discusses oil price volatility caused by the Russia-Ukraine conflict. She speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East." (Source: Bloomberg)
ABC News: March 10, 2022 - Energy strategist Dr Sara Vakhshouri explains how the US ban on Russian oil imports won't put too much of a strain on the Russian economy, but that coordinated Western bans on Russian oil could see crude spike to 300 US dollars per barrel.
NPR's Market Place: February 23, 2022 - Europe is trying to transition away from coal. And crude oil. It already relies on Russian natural gas to supplement its wind and solar power. “Russian gas is the cheapest and most available supply,” said Sara Vakhshouri, who runs SVB Energy International. She said Europe could buy more liquified natural gas from Qatar or even the U.S. But LNG comes with shipping and liquefaction costs. “The whole process is more costly than just exporting the natural gas from Russia to Europe in [a] pipeline,” she added.
NPR's Market Place: February 14, 2022 - According to Sara Vakhshouri, president of SVB Energy International, that’s not much comfort to the oil market right now. “The market is very sensitive to any factor that could interrupt the supply because the market is already tight,” she said. The global economy has been reopening after the pandemic lockdowns and many parts of the world have had cold winters, so demand is strong.
India Today: February 11, 2022 - Crude exports reached 1.085 million bpd in January, based on SVB estimates, up from 826,000 bpd in December. SVB has not seen a big difference from January exports to date in February. "I don't think it can go much higher without a waiver," said Sara Vakhshouri, president of SVB.
Reuters: February 10, 2022 - January's exports are the highest since waivers were stopped by the Trump administration, she said. The waivers had granted exemptions for certain buyers of Iranian oil and these were stopped in 2019.
NPR's Market Place: January 19, 2022 - Supply couldn’t shut down fast enough at the start of the pandemic, and now it can’t keep up with reemerging demand. Policymakers can also try to dampen oil demand. But according to Sara Vakhshouri, president of SVB Energy, that’s the scarier part of the equation. “If Biden’s administration and U.S. Federal Reserve decides to control inflation, if they hit the breaks very fast, then we’re going to have a severe economic slowdown,” Vakhshouri said.
Shrinking spare capacity leaves oil market exposed to geopolitics, supply risks
S&P Global Platts: January 19, 2022 - "The failure of an Iran nuclear deal not only prevents Iran's additional production capacity from entering the market, but it could also interrupt its current supplies in the market," said Sara Vakhshouri, president of energy consultancy SVB Energy International. "Tensions in the Middle East also pose a significant threat to both oil and natural gas supplies and prices."--