Essar Raises Venezuela Oil Imports At Iran’s Expense

Essar Raises Venezuela Oil Imports At Iran’s Expense

Indian private refiner Essar Oil’s imports from Iran fell by three-quarters in August from a year ago, as it boosted purchases from Venezuela, according to tanker arrival data obtained from trade sources and ship-tracking services on the Thomson Reuters terminal.

India’s August Iran Oil Imports Drop To Lowest In 18 Months

India’s August Iran Oil Imports Drop To Lowest In 18 Months

India imported 335,400 barrels per day (bpd) oil from Iran in August, the lowest level since February 2016, posting a fall of about 42 percent from a year ago, according to ship tracking data obtained from industry sources and data compiled by Thomson Reuters Oil Research & Forecasts.

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