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Sinopec expects China'.s total crude imports from the US in value terms to more than double in 2018 due to strong demand.
Read More »China-US trade Dispute to Hit VLCC Demand
Russia to Assess Legal Points of Purchasing Iranian Oil after Sanctions
Earlier this month. Washington urged its allies to stop importing oil from the Islamic Republic by early November.
Read More »It would be Impossiblefor Iran to Cut its Oil from Market Easily as Demanded by U.S.
The United States demanded all countries stop imports of Iranian oil from November.
Read More »OPEC Agreement did not Specify Oil Production Increase
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »World Sees Little Extra Oil if OPEC. Partners Stick to Deal
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »Oman Continue Iran Gas Pipeline
The governments of Iran and Oman signed an agreement in 2013 for the construction of the 400-kilometre pipeline.
Read More »India to Go Back to Payment in Rupees
India imports around 10% of its crude oil requirement from Iran.
Read More »Iran doesn’t Believe Oil Customers to Get Sanctions Waivers
The request to halt Japanese imports signals a tougher stance than in 2012.
Read More »US Sanctions have no Effect on Iran-Iraq Oil Swap
Iran started swapping oil with Iraq’s Kirkuk on June 3.
Read More »Oil Rose to $74.84 per Barrel as OPEC Agrees to Increase Output
OPEC and its allies have since last year been participating in a pact to cut output by 1.8 million bpd.
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