Iran oil sales

Iran delivers first Chinese oil cargo since May: Report

Data from oil tankers show that an Iranian oil carrier has berthed at a Chinese port to be the first confirmed delivery of Iranian crude purchase after 2 May when the US didn’t extend oil sanctions waivers for clients of Iranian energy.

Energy

Russia to lend Iran a hand for exporting oil: Report

Russia says it is willing to step in to help Iran export its oil while the country is struggling to keep the oil flowing while pressured by sanctions levied by the United States.

Energy

Iran has wished that Japan keep buying Iranian oil: Japanese PM spokesman

Takeshi Osuga who is the spokesman for the Japanese delegation, headed by PM Shinzo Abe, to Iran has avoided at all costs to confirm whether Iranian president and Abe talked about Iran crude sales to the country. He says it was only raised by President Rouhani as a "wishful statement".

Energy

Iran sells 1,085,000 barrels of oil on IRENEX since last November

Light and heavy crude have been the only oil Iran has been able to sell on the exchange market since last November.

Energy

Japan’s crude imports from Iran surged to nearly 300,000 b/d in March

The Asian country imported more than 290,000 barrels per day from Iran in March after the country restarted crude purchases from Tehran before the waivers ended on 2 May.

Energy

India plans to resume oil imports from Iran to skirt US sanctions: Report

The government of PM Modi is seriously studying plans to resume oil purchases from Iran despite the sanctions. New Delhi is reportedly ironing out the details.

Energy

Iran using all resources to sell oil in grey market: Official

Tehran says the US sanctions won’t hinder its continued efforts to sale oil in unofficial ’grey market’. Iranian authorities and energy analysts believe Iran would be able to export as much as 600,000 bpd.

Energy

Eu, Britain condemn US oil, nuclear sanctions on Iran

The three European signatories to Iran nuclear deal of 2015 have said the American punitive measures will put the agreement in danger. The statement comes after the US avoids extending oil waivers.

Energy

Iran says Trump should choose between sanctions or low US fuel prices

Oil prices have risen more than 30 percent this year on the back of supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and U.S. sanctions on oil exporters Iran and Venezuela, plus escalating conflict in OPEC member Libya.

Energy

India’s 2018/19 Iran oil imports up 5% YoY despite US sanctions: Report

India imported about 5 percent more oil from Iran in the last fiscal year through March as companies raised purchases ahead of US sanctions against Tehran from November, preliminary tanker arrival data obtained from shipping and industry sources showed.

Energy