Iran oil sales

Iran’s oil exports to China hit historic record in August: Report

Iran’s exports of oil to China hit an all-time record in August despite continued US pressure on the country, according to a report published in the local media citing data from a major international energy data company.

Energy

Iran’s oil output, exports surge in August despite US sanctions

Iran’s oil production and exports jumped in August despite the US sanctions, according to consultants and companies that track tanker shipments.

Energy

China is buying the most Iranian oil in a decade, Kpler says

Chinese imports of sanctioned Iranian oil are running at the highest level in at least a decade as rising global prices make the discounted crude more attractive, according to a Bloomberg report citing figures by data intelligence firm Kpler.

Energy

Iran’s oil exports exceed budget target of 1.4 million bpd

Iran’s crude oil exports has already hit a target set in the country’s annual budget law despite US sanctions as authorities expect even higher sales could boost government finances and help finish major infrastructure projects.

Energy

Iran crude exports hit $19 billion in Jan-May

The latest figures by the Energy Information Administration of the United States (EIA) indicate that Iran has exported some $19 billion of crude oil in the first five months of 2023.

Energy

OPEC chief in Tehran to discuss global oil market

OPEC Secretary General Haitham Al Ghais is scheduled to hold separate meetings with Iranian President Ebrahim Raisi and Oil Minister Javad owji in Tehran on Saturday to discuss the issues surrounding the global oil market.

Energy

Three EU states import Iranian oil in 2022

Three member states of the European Union imported a total of 4,181 tons of crude oil or oil products from Iran in 2022, according to the statistical office of the European Union (Eurostat).

Energy

Iran oil sales hit highest level since reimposition of sanctions in 2018

Iranian Oil Minister has said the country’s exports of crude oil have registered their highest level since 2018, after the US unilaterally withdrew from the 2015 Iran nuclear deal, and re-imposed sanctions against Tehran to curb the exports and the associated revenue to Iran.

Energy

Iran set to increase oil exports despite sanctions: Minister

Iranian Oil Minister Javad Owji says crude oil exports from the country will further increase in the upcoming months despite the growing pressure of the US sanctions on the Iranian energy sector.

Energy

Iran raises its oil prices for Asian buyers

Iran has raised the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers, a report says.

Energy