Currently. analysts believe the sanctions could take between 200.000 and up to a million bpd of Iranian crude off global markets.
Read More »Iran Oil Sanctions could Advance China`s `Petro-Yuan`
U.S. exit from Iran deal puts pressure on European planemakers.
Read More »Iranian Oil Exports to Asia Rush Ahead of Impending Sanctions
China remained the largest export destination for Iranian oil. with flows rising to 714.467 b d in April. up just over 20.000 b d from March.
Read More »China Reassures Tehran on Honoring Nuclear Deal. Buying Iranian Oil
China buys the largest share of Iranian oil. and most of the rest is sold to the other top Asian consumers.
Read More »China Marks Crude Oil Import in April
Imports for the first four months of 2018 rose 8.9 percent versus the same period a year ago to 151.43 million tonnes. or 9.21 million bpd.
Read More »Deadly Sanchi Tanker Tragedy Blamed on `Human Error`
Sanchi was carrying 36.000 tonnes (almost one million barrels) of condensate.
Read More »Chinese Firms Win Iraq Refinery Project Contract
Iraq is OPEC'.s second-largest oil producer. after Saudi Arabia.
Read More »Qatar Takes a 19 Percent Stake in Rosneft
Rosneft was hit hard by U.S. sanctions on Russia over Moscow’s annexation of Crimea and incursion in east Ukraine.
Read More »Rosneft Considers China Still a Key Market after End of CEFC Deal
Rosneft continues to consider China a key market.
Read More »Sinopec Plans to Cut Saudi Crude Oil Volumes for Second Month in June
Saudi prices set the trend for Iranian. Kuwaiti and Iraqi prices. affecting more than 12 million bpd of oil bound for Asia.
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