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India's imports of Iranian crude at 276,000 bpd in November
In November, India imported about 276,000 bpd of Iranian oil, about four percent more than the same month a year ago, according to ship tracking data obtained from shipping and trade sources.
Armed group blocks key oil field in Libya
An armed group has seized one of Libya's largest oilfields in the country's southwest, the state-owned National Oil Corporation says.
Gachsaran Oil and Gas Exploitation Company increases crude extraction
The CEO of Gachsaran Oil and Gas Exploitation Company announced an increase in the company's oil extraction using crude oil processing equipment.
HPCL to buy Iranian oil in Jan. after six-month gap
State-run Indian oil refiner Hindustan Petroleum Corp will buy Iranian crude in January after a gap of six months, with the nation’s overall purchases from Tehran at 9 million barrels in the month, four industry sources said.
Oil dips amid stock market slide, traders await OPEC meeting
Oil prices dipped on Thursday as stock markets slid and as traders eyed an OPEC meeting expected to result in a supply cut aimed at draining a glut that has pulled down crude by 30 percent since October.
Jahangiri: Gov't able to manage Iran without oil revenues
Iran's First Vice President Es'haq Jahangiri downplayed the impacts of US sanctions against Tehran, stressing that the government can administer the country even without relying on oil exports.
Oil prices advance 1% on expectations of OPEC-led output cuts
Oil prices rose by more than one percent on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output.
Oil minister: Major pressures on Iran aimed at stopping oil, petrochemicals exports
At present, the major part of the pressure on Iran is aimed at preventing its export of crude, gas, oil byproducts and petrochemicals, said Iran's oil minister on Monday.
Oil surges 5 percent on US-China deal, expected supply cuts
Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is expected to cut supply.
Official: Compensation for Iran’s sunken oil tanker paid
A senior official at Iran Insurers Syndicate said all parties involved in the liability insurance of the Iranian oil tanker “Sanchi” that sank in the East China Sea in January have made their compensation payments.
Iran, South Korea finalize deal to trade oil for goods
Iran has finalized a deal with South Korea to trade oil for goods as part of a larger strategy to bypass US sanctions reimposed on the country, an official said on Saturday.
Asia's Iran oil imports top 760,000 bpd in October
China, India, Japan and South Korea imported about 762,000 barrels per day (bpd) in October from Iran, according government and ship-tracking data.
Oil poised for worst month in 10 years on specter of supply glut
Oil’s on track for its worst month in a decade on growing fears over a global supply glut that’s been exacerbated by American waivers to Iranian crude buyers.

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