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Asia’s Iran crude oil imports to rebound in February

MNA – Asia’s top four buyers of Iranian crude – China, India, Japan and South Korea – imported a total 710,699 barrels per day of crude from Iran in January, 49 percent lower than the same month in 2018, but it is more likely that Iran’s oil export to these countries would double in Feb. 2019, the data collated by Thomson Reuters showed. Buyers had to overcome shipping and payment issues which delayed the resumption of Iranian oil imports in Japan and South Korea. Iran is the fourth-largest oil producer in the Organization of the Petroleum Exporting Countries. In […]

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