India, the world’s No. 3 crude oil consumer, received about 266,000 barrels per day (bpd) of oil from Iran in November, according to a review of tanker arrival data from trade sources and numbers available on Thomson Reuters Eikon. For April-November, the first eight months of this fiscal year, India shipped in about 427,200 bpd,…
The share of Iran’s oil export to the Japanese oil market increased to 6.6 percent in view of the 49,000 bpd growth in Iran’s oil exports in October. Iran’s heavy crude oil in the week to December 16 experienced highest increase in price and reached $51.07 a barrel, showing $2.02 increase, IRNA reported. Iran’s Petroleum…
Minister of Petroleum Bijan Zanganeh says Iran’s crude exports reached 2.44 million barrels per day as of October. Addressing a televised debate, Zanganeh said Iran’s oil production hit almost four million barrels per day in October. He dismissed the “sheer lie” report that he had met Egyptian counterpart Tarek El Molla and said, “I have…
