Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
India is Iran’s second largest oil customer after China.
Read More »Saudi Arabia will Boost India Crude Shipment amid Iran Crisis
Saudi will Supply an Extra 2 Million Barrels a Month to Indian Oil Corp from July
India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »OPEC+ Should Keep Oil Cuts. Even with Supply Risks Ahead
OECD oil inventories as of March stood 22.8 million barrels above the five-year average.
Read More »Iran Warns Against `Conspiracy by Ill-Wishers` Over `Sabotage` at UAE Port
The suspected attack didn’t lead to any casualties or oil spill.
Read More »Two Saudi Oil Tankers Attacked Near UAE Waters
one of the two Saudi vessels attacked was on its way to be loaded with Saudi crude from Ras Tanura port for delivery to state-owned Saudi Aramco’s customers in the United States.
Read More »Iran Calls Ship Attacks off UAE `Alarming.` Urges Investigation
Saudi Arabia early on May 13 said two of its oil tankers were damaged.
Read More »Saudi`s Big Plans in India
Bilateral trade between Riyadh and New Delhi currently stands at $28 billion.
Read More »China’s Thirst for Saudi Oil
China stepped up purchases of Saudi oil in the first four months of this year.
Read More »Saudi Aramco Raises All June Asia-Bound Crude OSPs by $0.40-$1.20 b from May
The June Medium grade price differential was the highest since December 2013.
Read More »S.Arabia. UAE Unable to Increase Oil Production
Enemies are waging a psychological war against Iran.
Read More »