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Commodities Briefing - Categorized | Oil, Trading more

India more than doubles Iran oil imports

Posted on 23 April 2014

India more than doubled its crude oil imports from Iran last month from a year ago as sanctions have eased on Tehran, official data show. The figures released on Tuesday indicated that India imported 387,000 barrels per day (bpd) of oil from Iran in March.
The statistics also showed that crude shipments from Iran in the first quarter of 2014 rose about 43 percent from the same period last year. India imported around 358,000 bpd of Iranian crude in the first quarter of this year………………………………………..Full Article: Source


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