Oil

Overall. India imported 4.51 million bpd in April. 2.5 percent higher than a year ago.

Total holds a 50.1 per cent stake in the South Pars project.

Tehran would spare no efforts to maintain its oil production and exports at current levels.

China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.

OPEC’s production increased by 12.000 bpd in April over March. to average 31.93 million bpd in April.

OPEC’s production increased by 12.000 bpd in April over March. to average 31.93 million bpd in April.

LUKOIL will remain one of the largest investors and employers in Iraq in the coming years.

A U.S. withdrawal from the Iran nuclear accord could lead to 1 million barrels off the market.

Currently. analysts believe the sanctions could take between 200.000 and up to a million bpd of Iranian crude off global markets.

Trump announced a U.S. withdrawal from the 2015 nuclear deal on Tuesday and said he was preparing new sanctions against Iran.