Tag Archives: Persian Gulf

Indian refiners have recently expressed willingness to maintain oil imports from Iran.

Indian refiners have recently expressed willingness to maintain oil imports from Iran.

Sadra and Petro Sina Arya Oil &. Gas Co. (PSA) are developing the phases.

The EIA estimates that the US pumped the equivalent of 30 million barrels of oil per day in 2017.

Seven vessels had already left Iranian ports with their cargoes. while four have yet to depart or have yet to arrive at Iranian ports.

The US is shipping record amounts of crude following the end of an export ban in late 2015.

The rise in crude oil imports in April came despite a sharp increase in the country'.s crude stockpiles.

China buys the largest share of Iranian oil. and most of the rest is sold to the other top Asian consumers.

Experts believe that the US move would bring uncertainty to prices.

The document was signed on the sidelines of the 23rd International Oil. Gas. Refining and Petrochemical Exhibition in Tehran.