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2016-03-03 19:15:00

INDIA'S & IRANIAN OIL UP 20%

INDIA'S & IRANIAN OIL UP 20%

India's oil imports from Iran rose by over a fifth in February, the first month after a nuclear deal that lifted restrictions on Tehran's oil exports, preliminary tanker data obtained by Reuters shows.

Iran emerged from years of economic isolation in January when world powers led by the United States and the European Union lifted crippling sanctions against the OPEC oil producer in return for curbs on Tehran's nuclear ambitions.

Iran is working to regain market share after sanctions relief and exports had already risen by 500,000 bpd in February, Mohsen Ghamsari, director of international affairs at National…

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Tags: INDIA, IRAN, OIL
Chronicle:
INDIA'S IRANIAN OIL UP 20%
2019, May, 22, 10:35:00
CANADA'S GDP GROWTH 1.5%
Real GDP growth is projected to decline to 1.5 percent in 2019, partly reflecting a disappointing first quarter and more subdued global growth.
INDIA'S IRANIAN OIL UP 20%
2019, May, 22, 10:30:00
INDONESIA'S GDP GROWTH 5.2%
Real GDP growth reached 5.2 percent in 2018, and is expected to remain at 5.2 percent in 2019, driven by robust domestic demand growth and supported by recovering bank credit.
INDIA'S IRANIAN OIL UP 20%
2019, May, 22, 10:25:00
RUSSIA,RWANDA NUCLEAR
On the May 16, 2019, in Moscow, the roadmap for establishing Russian-Rwanda cooperation in the peaceful uses of atomic energy was signed.
INDIA'S IRANIAN OIL UP 20%
2019, May, 21, 15:55:00
OIL PRICE: ABOVE $72 ANEW
Brent crude futures, the international benchmark for oil prices, were at $72.31 per barrel at 1030 GMT, up 34 cents, or 0.5 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 42 cents, or 0.7 percent, at $63.52 per barrel.
INDIA'S IRANIAN OIL UP 20%
2019, May, 21, 15:45:00
BALANCED OIL MARKET
Following its 14th Meeting, which took place on 19 May 2019, in Jeddah, the Kingdom of Saudi Arabia, the Joint Ministerial Monitoring Committee (JMMC) has reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals.
INDIA'S IRANIAN OIL UP 20%
2019, May, 21, 15:40:00
OPEC+ WILL STAY
"We want to bring inventories down to a more normal levels," Falih said. "We need to stay the course and do that in the weeks and months to come."
INDIA'S IRANIAN OIL UP 20%
2019, May, 21, 15:35:00
OPEC+ RUSSIA COOPERATION
Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end, from easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets.
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