The United States hasn'.t been able to persuade China—Iran’s biggest oil customer—to reduce Iranian oil purchases.
Read More »IEA Predicts Oil Demand Rebound in 4Q18
The two leading non-OECD oil markets. China and India. both remain on course to grow solidly this year.
Read More »U.S. Oil Exports to India Rise as China Intake Fades
China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.
Read More »India to Invest Near $20 Billion in Renewable Energy Sector
India’s rising investments in the renewable energy sector has dovetailed with a fall in coal power investments and thermal power generation.
Read More »India Plans to Establish LNG Import Terminal in Myanmar
India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.
Read More »US to Help India Unleash Its Own Natural Gas Reserves
The recently established US-India Gas Task Force is designed to help India unleash its own natural gas potential.
Read More »Top Asian Oil Customers Reduce Iranian Oil Imports to 7-Month-Low
Japan’s imports of Iranian oil increased by 10 percent in June compared to the same month last year.
Read More »India Loaded 12 Percent Less Iranian Oil in June than in May on Sanctions Fear
Iran is now offering to insure oil cargoes to India after some insurers stopped providing the service in the face of the impending sanctions.
Read More »Will India Give Up Iran’s Oil?
If India does not import crude from the US. the most likely fallout will be to buy from other OPEC countries.
Read More »Iran Extends Shipping. Insurance Cover to Keep Oil Flowing to India
Iran has started providing ships as well as insurance cover to continue exporting crude oil to India.
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