Young Journalists Club | Latest news of Iran and world

News ID: 6900
Iran » Iran
Publish Date: 12:57 - 28 December 2016
Imports of crude oil by Iran's four major buyers in Asia in November more than doubled for a second straight month from a year ago, with purchases by India and South Korea more than four times higher.
Iran's top four Asian buyers - China, India, South Korea and Japan - imported 1.94 million barrels per day (bpd) last month, up 117 percent on a year earlier, government and ship-tracking data showed.

That was just short of the 2016 peak of 1.99 million bpd hit in the previous month, which was the highest since at least 2010, according to data by International Energy Agency.

The volumes were in line with the OPEC member's crude oil and condensate export plans.
Japan's trade ministry on Wednesday released official data showing its imports jumped 41.2 percent from a year earlier to 237,653 bpd last month.

India's imports grew more than four-fold from a year earlier to 620,000 bpd, topping China's imports for a third straight month. South Korean imports were nearly five times higher at 472,067 bpd.

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