Diabytes
Iranian crude oil News
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China, the biggest buyer, purchased 8.8 percent less oil from Iran year-on-year, taking around 557,900 bpd.
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India plans to order about a quarter less Iranian crude oil than it bought last year, people familiar with the matter said, as state refiners cut term purchase deals over a row between New Delhi and Tehran on development of a natural gas field.
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India is set to buy 6 million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates` national oil company for supplies are stuck over commercial terms, industry sources said.
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