Iran capable of immediately restoring oil output to pre-sanctions levels: Official
Iran will be able to immediately restore its crude oil production to levels seen before US sanctions hit the country in 2018,…
Tag Archives: Iran crude oil exports
Iran crude revenues nearly doubled in quarter to December, CBI figures show
Latest economic performance data released by the Central Bank of Iran (CBI) show the country nearly doubled its crude revenues in the…
Iran earned less than $20bn from crude exports in 2020: Top banker
Central Bank of Iran (CBI) Governor Abdolnasser Hemmati says the country earned less than $20 billion from crude exports in 2020 as…
Iran to sell two million barrels of crude on IRENEX
IRNA – National Iranian Oil Company announced on Sunday that it is going to offer two million barrels of crude oil in…
New Delhi likely to create strategy for US ban on Iran oil
IRNA/ Global Times – A total US ban on the purchases of Iranian crude oil took effect on May 2, according to…
Oil prices firm amid US sanctions on crude exporters Iran, Venezuela
CNBC – Oil prices stabilized on Wednesday as markets remained relatively tight amid U.S. sanctions on crude exporters Iran and Venezuela. U.S.…
Enticing terms for oil buyers on IRENEX
Financial Tribune – Having hosted eight crude oil auctions since last year, Iran Energy Exchange is adapting to the possible needs of…
Asia’s Iran crude oil imports to rebound in February
MNA – Asia’s top four buyers of Iranian crude – China, India, Japan and South Korea – imported a total 710,699 barrels…
Japan’s Cosmo to load 900,000 barrels of Iranian crude early March
MNA – Japanese refiner Cosmo Oil will load around 900,000 barrels of Iranian Heavy crude oil in early March as local refiners…
NIOC plans next round of IRENEX oil sale for early February
MNA – The National Iranian Oil Company (NIOC) has planned to offer a million barrels of crude oil on the Iran Energy…
NDFI to get 20% of oil money
SHANA – Members the parliamentary select committee to study budget law signed off on a measure which determines the share of the…
Iran crude vital for sustaining balance in oil trade
MNA – Iranian crude in the global market is extremely important for sustaining a balance in oil trade, says Sanjiv Singh, chairman…
Weekly report: OPEC agrees joint 1.2mn bpd cut; Iran exempted
December 9, The Iran Project – FM Zarif highlights US hypocritical behavior towards UN resolution; Iran backs Yemen peace talks, wants end of…
‘I doubt US sanctions will isolate Iran’ – Prof of national security affairs
Sputnik – President Donald Trump’s intention to impose sanctions on Iranian crude exports could entail a significant drop in global oil supply.…
Iran in talks with Swiss oil giant over $1Bln deal – Reports
Sputnik – Iran is seeking to extend or renew a $1 billion oil deal with the Swiss giant Vitol Group ahead of…
S Korea to continue buying Iranian crude: envoy
MNA – Ambassador of the Republic of Korea to Iran said that his country will continue buying Iran’s oil based on prior…
Iran and OPEC: How will the fight for oil production quotas end?
Sputnik – Over two weeks ago Iran filed a formal complaint to OPEC President and UAE Energy Minister Suhail Mohamed Al Mazrouei, accusing…
Sanctions closing in, Iran to attend September OPEC monitoring committee to protest oil quota reallocation
Platts – Iran will send its oil minister, Bijan Zanganeh, to a September meeting of the monitoring committee overseeing OPEC’s supply accord…
Why China will continue to buy Iranian crude
Oil Price | Tim Daiss: As the U.S. and Iran continue to trade barbs over the restart of economic sanctions against the Islamic…
US crude sanctions against Iran could make maintaining the world’s oil supply ‘very challenging,’ IEA says
CNBC – A U.S. plan to impose targeted crude sanctions against Iran could significantly impact global supply and exhaust the world’s spare oil capacity cushion, according…
Iran exports 0.5mb cargo from Bahregan
SHANA – A consignment of 500,000 barrels of crude oil destined for Europe was exported from Bahregan Zone. According to the National…
China can substitute US oil with Iranian crude to ‘infuriate Trump’ – analyst
RT– Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from America. A cut in Chinese purchases…
Iran oil exports at 2.75mbd
SHANA – Iran’s crude oil and gas condensate exports reached 2.75 million barrels per day in the period between April 21 and…
S.Korea’s March Iranian crude oil imports down 39.3 pct y/y
Reuters- South Korea’s March crude oil imports from Iran dropped 39.3 percent from a year earlier on slowing demand for Iranian oil,…
Iran’s March oil exports fall to two-year low as Asia demand eases: source
Reuters – Iran’s crude and condensate exports are set to fall to a two-year low this month as loadings for its main…
REFILE-TABLE-South Korea’s Iran crude oil import in January down 47.3 pct y/y
Reuters – South Korea’s crude oil imports from Iran fell 47.3 percent in January from a year earlier, while its total crude…
Iran to export 3m barrels of oil to Russia monthly
IFP – Iran’s oil minister has spoken of the Islamic Republic’s contract with Russia to export 3 million barrels of crude oil…
India’s 50% cut in Iran oil imports raises questions
Press TV – Iran’s oil exports to Asia skid, mostly due to cuts by India which imported nearly half as much crude…
Europe buys 37% of Iran’s exported oil in October
IRNA – Thirty-seven percent of Iran’s exported oil went to Europe in October this year, the country’s Oil Ministry declared on Tuesday.…
Billions in oil deals shield Iran from U.S. sanctions
Oil Price | Tsvetana Paraskova: Since many of the Western sanctions on Iran were lifted early last year, Tehran has been trying to…
S.Korea’s May Iranian crude oil imports fall to 8-mth low
Reuters – South Korea’s Iranian crude oil imports dropped in May to their lowest in eight months as refiners bought less of…
Iran ramps up oil exports to South Korea, much to Trump’s chagrin
Sputnik – South Korea will be under pressure to import more oil and gas from the US, having ramped up Iranian imports…
S.Korea’s March crude imports from Iran hit record high
Reuters – South Korea’s intake of Iranian crude oil soared to a record high in March and its first-quarter crude imports from…
Belarus buys Iran crude oil to replace Russian barrels
AME Info– Belarus’s Bel Oil has bought 80,000 tonnes of Iranian Light and Heavy crude oil from National Iranian Oil Company (NIOC)…
India’s Jan Iran oil imports up 1.5 pct mth/mth- shipping data
Reuters– India’s Iran oil imports rose marginally in January compared to the previous month as Indian refiners received full volumes from the…
China’s Iran oil imports to hit record on new production: sources
Reuters– China’s Iranian crude oil imports may rise to a record this year as state-owned oil firms lift more crude through their…
Iran sells crude oil at $52.16 in a week
Tehran Times- Iranian light crude oil price continued its upward trend in the week ended on December 23, increasing 30 cents per…
Iran crude oil exports to hit 5-mth low in Dec -source
Reuters– Iran’s crude oil exports in December are set to fall 8 percent from November to a five-month low, a source with…
South Korea’s third-quarter crude oil imports, domestic consumption up, exports down
Reuters– South Korea’s crude oil imports rose 3.9 percent in the third quarter of 2016 from a year earlier as it brought…
MP hails Iran’s market share revival success
TEHRAN, Oct 30 (Shana) – MP from Tehran Ali-Reza Mahjoub says Iran wrestled to succeed in reviving its oil market share.…