Financial Times | Anjli Raval, David Sheppard and Najmeh Bozorgmehr: China is buying Iranian oil in defiance of US sanctions and providing what Tehran hopes will be a financial lifeline for the countrys buckling economy. Although Beijing customs data show crude purchases from Iran are down month-on-month, China is still importing Tehrans oil despite ...

Sputnik - China has stopped buying oil from Iran after Washington announced a decision not to extend exemptions from its sanctions for certain countries, the Wall Street Journal reported, citing sources in the Iranian oil industry. According to Rahim Zare, who is a member of the economic commission of the Iranian parliament, China, Greece, India,...

Oil Price | Tim Daiss: It was a question that just as recently as last week was still undecided. Would Beijing kowtow to Washingtons demand that it stop importing Iranian oil at the start of May after the 180-day import waiver period ended? The answer, at least for now, is that Beijing will comply. Oil majors Sinopec Group and CNPC, Chinas two top ...

Al-Monitor | Bijan Khajehpour: There is no doubt that the reimposed US sanctions on Iran will compel Tehran to shift more proactively toward deeper political and economic ties with Eastern powers. Here, China stands out not only as Irans largest trading partner, but also as the top buyer of Iranian oil and hence the key player in filling the vacuum ...

Bloomberg - Asias largest buyer of Iranian oil is said to have resumed purchases from the Persian Gulf state following a one-month hiatus, a move that will help allay fears that U.S. sanctions on the OPEC producer will constrain global supplies. China will start loading the crude again in November after it halted purchases in October, according ...

Reuters - An unprecedented volume of Iranian crude oil is set to arrive at Chinas northeast Dalian port this month and in early November before U.S. sanctions on Iran take effect, data on Refinitiv Eikon showed on Thursday. A total of 22 million barrels of Iranian crude oil loaded on supertankers owned by the National Iranian Tanker Co (NITC) are ...

Sputnik - China's possible decision to increase its imports of Iranian oil could offset the negative impact of US sanctions on Iran's oil industry, Russian Energy Minister Alexander Novak said on Thursday. "We do not fully understand how the consumers fromthe Asia-Pacific region will react, and whether China will increase its imports [of ...

Bloomberg - Iran just endured the longest gap without sending oil to its biggest customer in at least three years as imminent U.S. sanctions pile pressure onto Tehran. Two supertankers left Irans biggest export terminal bound for China late Wednesday, ending an 18-day hiatus, according to ship-tracking data compiled by Bloomberg. While the pause ...

Oil Price | Tim Daiss:As the U.S. and Iran continue to trade barbs over the restart of economic sanctions against the Islamic Republic, China is also entering the verbal fray. On Monday, the head of the international office of China Petroleum and Chemical Industry Federation (CPCIF) Andrey Yu,saidthat Chinese companies need the Iranian oil in any ...

Oilprice.com | Nick Cunningham: How much oil from Iran will be disrupted because of U.S. sanctions? American officials have gone back and forth on this, but many of the people who decide how much Iranian oil will be knocked offline are located in India and China. In recent months, both India and China each purchased more than 600,000 bpd from Iran....

The Wall Street Journal - There is one big hitch in U.S. plans to stem buying of Iranian oil: China. Some in Washington now expect that China will vacuum up much of the Iranian oil that other nations won�t buy because of the threat of U.S. sanctions, according to a senior U.S. government energy official.   Read More Here

Press TV - Indications are growing that Chinese companies are scrapping plans to purchase oil from the United States and are instead turning to Iran for imports in what appears to be a result of escalating trade tariff war between Beijing and Washington. Sinopec, Asias top refiner, was quoted by media as announcing that it planned to limit ...

Platts-- China state-run refiner Sinopec will cut back on its nominations of Saudi Arabian crude in May after the major OPEC producer's latest official selling prices came out above market consensus, potentially providing other producers in the Middle East and Asia Pacific with a chance to boost sales to the giant Asian consumer. Sinopec, one of Saudi ...

Press TV - Speculations are rising that Irans oil exports to China would rise to the highest levels over the past 11 months in August. Reuters in a report highlighted speculations that the rise in Irans exports to China would follow a recent decision by the Islamic Republic to cut the prices for its heavy crude oil. Crude and condensate exports ...

Chinas independent refiners are on board to get Iranian crude oil possibly for the first time as the Middle Eastern producer is targeting new markets following the removal of sanctions. The National Iranian Oil Company (NIOC) is reportedly in talks with the worlds secondlargest private oil trader, Trafigura, to step up oil shipments to China. Iran ...

TEHRAN, Aug 02 (Shana) -- Director of International Affairs at National Iranian Oil Company (NIOC) Mohsen Qamsari said independent refiners from China has purchased 2 million barrels of crude oil from Iran, making it the biggest crude oil buy from Iran to the refiners. He said Chinese rules prevented independent, or private, refiners from China ...

TEHRAN Oct. 11 (Shana) Petroleum Ministry has refuted a report by a domestic media which said China has lodged a complaint with an international court against Iran to claim compensation after being ousted from a major oilfield development project. Deputy Petroleum Minister Rokneddin Javadi in comments provided to Shana discredited the report by ...

Irans Petroleum Minister Bijan Namdar Zanganeh said on Tuesday that China is not holding any money related to exports of Iranian crude oil to the country. There is no money in China that may belong to Iran but has been ordered frozen [as the result of sanctions], Zanganeh told reporters in a press conference in Tehran. Still, it is the Central ...

By IRNA

TEHRAN (FNA)- Iranian Oil Minister Bijan Namdar Zanganeh is to travel to China on Wednesday to lay the ground for the further development of Tehran-Beijing energy ties. The oil minister will be accompanied by his Deputy for international affairs and trading Amir-Hossein Zamaninia and Director for international affairs of the National Iranian Oil ...