News Summary: S. Korea to resume Iran oil imports
TURNING ON THE TAP AGAIN: South Korea will resume imports of Iranian crude next month within levels that comply with U.S. sanctions, government and industry officials said Tuesday. SLIPPERY SLOPE; South Korea is in a difficult position in its dealings with Iran, analysts said. Seoul wants to ...
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China's July oil imports from Iran fall 28 percent on month
A Reuters photojournalist visits a Florida strip club anticipating a surge in attendance during the week of the Republican National Convention./ (Reuters) - China's crude oil imports from Iran fell nearly a third in July from an 11-month high in June, ensuring that the world's second-largest oil ...
India cuts July Iran oil imports by over 40 pct y/y-trade data
A Reuters photojournalist visits a Florida strip club anticipating a surge in attendance during the week of the Republican National Convention./ * Fourth straight month of cuts in Iranian imports * Essar replaces MRPL as top buyer of Iranian oil in July NEW DELHI, Aug 21 (Reuters) - India's oil ...
TABLE-India imports 40.4 pct less oil from Iran in July y/y-data
India's oil shipments from Iran fell by more than 40 percent in July from June and a year ago, as imports by Tehran's biggest local client MRPL were hit by a shortage of ships and insurance cover caused by European Union sanctions. The U.S. and EU sanctions that took full effect on July 1 target ...
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SKorea to resume Iranian oil imports next month
(AP) — South Korea will resume imports of Iranian crude next month within levels that comply with U.S. sanctions, government and industry officials said Tuesday, as the country tries to manage the pain that diminished oil supplies meant for the domestic economy. The resumption will make South ...
MRPL draws up alternatives
Mangalore Refinery and Petrochemicals Ltd ( ) has drawn up a plan including tapping spot markets for more high sulphur oil as imports from Iran, its biggest supplier, have been hit by western sanctions, its managing director said on Tuesday. Refiners in India, Iran's biggest oil client after ...
China's July oil imports from Iran down 28 pct m/m
July imports at 454,500 bpd, down 28 pct m/m, down 30 pct y/y * Jan-July imports at 433,450 bpd, down 22 pct y/y (Adds details) Aug 21 (Reuters) - China's crude oil imports from Iran fell 28 percent in July from an 11-month high in June, and were down 30 percent from a year earlier, customs data ...
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INTERVIEW-Iran's top Indian oil buyer draws up alternatives
MRPL, Iran's biggest Indian client, may seek more spot high sulphur oil through tenders to make up for a shortfall in supplies from Tehran that have been hit by western sanctions, its managing director said on Tuesday. Refiners in Asia, Iran's biggest market, are struggling to lift its crude ...
China's July oil imports from Iran down 28 pct m/m
China's crude oil imports from Iran fell 28 percent in July from an 11-month high in June, and were down 30 percent from a year earlier, customs data showed on Tuesday. China, Iran's top oil client, bought 1.93 million tonnes of Iranian crude in July, equivalent to about 454,500 barrels per day, ...
S.Korea to resume Iran oil imports from Sept -econ min sources
South Korean refiners will resume imports of up to 200,000 barrels per day of Iranian crude from September, economy ministry sources said on Monday, ending a two-month gap due to a European Union ban on insurance cover for Iranian oil. The resumption is unlikely to hinder South Korea's bid to ...
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MRPL looks beyond Iran for high sulphur oil
S.Korea to resume Iran oil imports from Sept -econ min sources
SEOUL Aug 20 (Reuters) - South Korean refiners will resume imports of up to 200,000 barrels per day of Iranian crude from September, economy ministry sources said on Monday, ending a two-month gap due to a European Union ban on insurance cover for Iranian oil. The resumption is unlikely to ...
Seoul expecting oil from Iran next month
South Korea should expect its next delivery of Iranian crude oil by insured cargo in September, a South Korean official said. South Korean officials this month suggested in an interview with the Platts news service that crude oil deliveries from Iran could begin in September. Iran's semiofficial ...
Iranian Events Around the World
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South Korea refiners to resume Iran imports from September
South Korean refiners will resume imports of up to 200,000 bpd of Iranian crude from September, economy ministry sources said yesterday, ending a two-month gap due to a European Union ban on insurance cover for Iranian oil. The resumption is unlikely to hinder South Korea’s bid to extend a US ...
