. 60% of oil consignments go to Asia and the rest to oil terminals in Europe.
Read More »NITC Vessel to Berth in Indonesia
The two sides have reached a preliminary agreement to build an ultra-heavy crude refinery.
Read More »Jump in Iran`s Oil Exports to India. South Korea
In January. Iran was the third biggest oil supplier to India after Saudi Arabia and Iraq.
Read More »Iran. PetroChina Petrochemical Cooperation
PetroChina is the country'.s biggest oil producer.
Read More »Oil Rises as OPEC-led Output Cuts Trim Oversupply
Brent crude was 45 cents higher at $56.04 a barrel by 0950 GMT. U.S. light crude oil was up 35 cents at $53.28.
Read More »Oil Company Expanding Shipments to Europe
Iran used to sell 800.000 bpd to European refiners in Italy. Spain. Greece. Romania. France. the Netherlands and Poland in the pre-sanctions period
Read More »Iran Takes Market Share from OPEC Rivals
Iran’s crude oil and condensate exports rose three percent month-on-month in January.
Read More »Platts: Tehran Taking Oil Market Share from Rivals
Iran'.s crude oil and condensate exports rose 3% month on month in January.
Read More »IEA: OPEC Makes Solid Start to Cuts. Compliance – 90%
Some producers. notably Saudi Arabia. appeared to cut the oil output by more than originally agreed amount.
Read More »Oil Market To Be Relatively Balanced
.The EIA had forecast small annual average supply builds in both 2017 and 2018
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