Tag Archives: National Iranian Tanker Co. (NITC)

Iran said it will change the route of its SABITI oil tanker after the vessel was attacked by two missiles in the Red Sea near Saudi Arabia.

An Iranian lawmaker says Saudi Arabia'.s persistence in the continued seizure of an Iranian oil tanker is stirring tensions in the region.

The tanker is now safe and no injuries have been reported so far.

An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month.

Beijing has repeatedly defended its energy trade with Tehran. worth about $1.5 billion a month.

For 2020. Barclays said it expects Brent to average $75 per barrel. up from its previous forecast of just $55 a barrel.

The moves by the two top buyers of Iranian crude indicate that Iran may not be fully cut off from global oil markets from November.

Sinopec expects its crude oil output to remain stable over next three years.

The Iranian Oil Ministry called the US efforts to cut Iran oil exports a futile attempt.

The Sanchi was carrying the equivalent of nearly 1 million barrels of ultra-light crude. plus its own fuel. to South Korea.