Iran’s Oil Exports to India Reach 550,000 b/d
Iran's oil exports to India reached 550,000 b/d in December 2017, corresponding to a 78% increase from November 2017 and the highest volume since last March.
Iran's oil exports to India reached 550,000 b/d in December 2017, corresponding to a 78% increase from November 2017 and the highest volume since last March.
Indian imports of Iranian oil fell to a 21-month low in November.
The Kuwaiti Al Arfaj Group signed a memorandum of understanding to build a 600,000 barrel per day (b/d) oil refinery in the Indian state of Andhra Pradesh.
Iranian crude exports to Asia rose in August for the second month in a row but remained well below export levels for August 2016.