Tag Archives: Trade

Shell said in its annual report it had bought only three cargoes of Iranian oil over the past year.

IRIR is currently building a railroad from the Iranian Caspian port city of Astara to the border with Azerbaijan.

US crude stocks rose by 11.6 million barrels last week.

The National Iranian Oil Company is expected to announce its decision on India'.s proposal soon.

Iran is making rapid forays into the European crude oil market.

It is no surprise that historically Iran’s national tanker line NITC is the largest provider of tonnage.

Iranian crude exports via tankers jumped to 563 shipments last year from 66 in 2012.

The signed agreements covered cooperation in oil and modern energy fields.

India'.s imports more than tripled to 554.600 bpd. topping China'.s for the first time since November.

South Korea has been one of the backbone customers of crude oil from Iran.