Sri Lanka Looks To Pay For Iranian Crude With Tea
Sri Lanka will pay down its oil debt held by Iran with tea in response to new regulations that Sri Lanka has issued in order to comply with a UN Continue Reading
Germany Encourages India To Keep Buying Oil From Iran
Germany’s minister of state for foreign affairs has encouraged India to continue buying Iranian oil, despite pressure from the United States, which Niels Annen called “irritating, to put it mildly.” Continue Reading
Thermal coal shipments at key Indian ports rise 19% on year in Apr-Jun
India’s 12 key state-run ports handled 28.29 million mt of thermal coal imports during April-June, up 19% year on year, latest data from Indian Ports Association released Saturday showed. Coking Continue Reading
Analysis: India-Iran oil ties could face strain as US ratchets up pressure
Highlights Refiners still uncertain of which strategy to adopt Both oil ministries confident either will be flexible Indian imports of Iranian oil remain above 2017 levels London — Receive daily Continue Reading
Iran Assures India It Will Supply Enough Oil
Iran will take care to supply India with all the oil it needs, the country’s embassy in India said , a day after deputy ambassador threatened India that Iran could Continue Reading
India data: Jun oil products demand rises 9% on year to 4.7 mil b/d
India’s oil products demand rose almost 9% in June on the year to 17.99 million mt, or 4.7 million b/d, the latest provisional data from the Petroleum Planning and Analysis Continue Reading
U.S. oil exports to India soar ahead of sanctions on Iran
U.S. crude oil exports to India hit a record in June and so far this year are almost double last year’s total as the Asian nation’s refiners move to replace Continue Reading
India Cuts Iran Oil Imports Sharply In June
Iranian crude oil imports into India fell by 15.9 percent in June from May, or to 592,800 bpd from more than 705,000 bpd in the previous month, Reuters reports , Continue Reading
India cuts Iranian oil imports in June ahead of U.S. sanctions
Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to avoid sanctions by the United States that are set Continue Reading
The New Oil Cartel Threatening OPEC
When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern Continue Reading