Gulf Oil Exports in June Led by Record UAE Shipments

• Friday, 3rd July 2026
• by Tarek Abdallah

Gulf oil exports rose by over 3 million barrels per day (bpd) from May to over 10 million bpd in June, shipping data show. The UAE led, exporting 3.7-3.8 million bpd in June, more than 1 million bpd higher than May, a...

India Halts Buying Iranian Oil, Awaits US Decision

• Wednesday, 10th April 2019
• by Editorial Team

Indian refineries have postponed their May orders of Iranian oil, as they await the US decision on extending the waiver from sanctions imposed on Tehran, Reuters reported, citing four sources. “We don’t know about US ...

Iran Sells Oil to Non-governmental Traders

• Thursday, 27th December 2018
• by Editorial Team

Iran announced on December 26 that it is not facing any problems in selling Iranian crude oil to non-governmental traders, Reuters reported. Iran started exporting its crude oil to the private traders since October an...

Iran, Russia Compete over Indian Refinery Supply

• Thursday, 11th August 2016
• by Egypt Oil & Gas

India’s Essar Oil Ltd, the country’s largest refiner, expects to lower crude purchases from Iran after shipments from OAO Rosneft begin once the Russian state producer completes a deal to buy a 49% stake in the ...

India Resumes Iran’s Crude Oil Imports

• Sunday, 10th July 2016
• by Egypt Oil & Gas

Chairman of India’s biggest shipping company, Shipping Corporation of India (SCI), announced that SCI will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refin...