S. Korea ships in over $100m worth of Iranian oil in Jan.

TEHRAN – After a five-month hiatus, South Korea imported $101.2 million worth of Iranian crude oil in January, Yonhap reported on Tuesday citing Korea Customs Service data.

Following fellow Asian buyers, Japan resumes shipping in Iranian oil

TEHRAN – The governor of the Central Bank of Iran (CBI) announced on Monday that Japanese refiners have resumed imports of Iranian oil after receiving waivers from U.S. sanctions on Tehran, IRNA reported.

India to continue shipping in Iranian oil

TEHRAN - India's Ministry of External Affairs announced that the country will continue importing Iranian oil using the U.S. granted waiver, Sputnik reported on Friday.

BPCL of India to buy Iranian oil in Feb. after 3-month gap: sources

State-run Bharat Petroleum Corp will import 1 million barrels of Iranian oil in February after a gap of three months, with the nation’s overall purchases from Tehran remaining at 9 million barrels, three industry sources said.

India to import Iranian oil using rupee payment mechanism: source

India will import crude oil from Iran using a rupee-based payment mechanism, an industry source involved in discussions told Reuters on Thursday, adding that 50 percent of those payments will be used for exporting items to Tehran.

Hindustan Petroleum may buy Iranian oil if India secures sanctions waiver

State-run Indian refiner Hindustan Petroleum said it may resume buying Iranian oil if New Delhi secures a waiver from U.S. sanctions, its chairman M K Surana said on Thursday.

No spare capacity in market to replace Iranian oil: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that the oil market doesn’t have the spare capacity to replace Iranian oil in case of U.S. re-imposition of sanctions on the country.

Indian companies to ship in Iranian oil in November

TEHRAN – India’s Oil Minister Dharmendra Pradhan said on Monday that two Indian companies have placed orders to buy Iranian oil in November, Reuters reported.

India defies U.S., buying Iranian oil despite sanctions

TEHRAN – India is going to continue buying Iranian oil in November despite the U.S. sanctions, Reuters reported citing sources close to the Indian oil industry.

India set to pay for Iranian oil using rupee from November: sources

India may revert to paying Iran in rupees for the oil it buys from its third largest supplier as U.S. sanctions will from November 4 block use of U.S. dollars to settle such trades, a top official said Thursday.

U.S. plans for wiping Iranian oil is an illusion: VP

TEHRAN - Iranian First Vice President Es’haq Jahangiri said on Monday that The U.S.’s attempts for halting Iranian oil exports to the world markets is an illusion, Shana news agency reported.

By Haniyeh Sadat Jafariyeh

Gas first – energy for peace

When history is written, then President Trump's decision on 8th May to abandon the Joint Comprehensive Plan of Action (JCPOA) agreement with Iran may well be seen as a historic turning point.

Iran raises June crude prices for loadings to Asia

TEHRAN – National Iranian Oil Company (NIOC) has raised the June official selling price (OSP) for all its crude grades loading for Asia, Platts reported quoting a company source as saying on Wednesday.

Iranian light oil price settles near $69

TEHRAN- Iran’s light crude oil price fell 60 cents in the week ended on January 19 to settle at $68.81 per barrel, Shana reported on Sunday.

Iran increases Dec. oil prices for Northwest Europe, Mediterranean, Sidi Kerir

TEHRAN- Iran boosted its crude oil prices for Northwest Europe, the Mediterranean, and Sidi Kerir in December, a source with knowledge of the matter said on Tuesday.

'With current oil prices, Iran is a haven for investors'

TEHRAN – Saeid Khoshrou, director of international affairs at the National Iranian Oil Company (NIOC), said with oil prices near $60 per barrel Iran would be a great place for oil investment.

Iranian light crude’s weekly price up $1.12

TEHRAN – The price of Iran’s light crude oil in the week ended on July 21 rose $1.12 to stand at $46.90 per barrel, IRNA reported.

Iranian oil price hikes 99 cents per barrel in a week

TEHRAN- The price of Iran’s light crude oil in the week ending April 14 experienced a $0.99 increase to reach $52.42 per barrel, IRNA reported on Sunday.

Iranian light crude’s weekly price up $1.21

TEHRAN – The price of Iran’s light crude oil in the week ended on March 31 rose $1.21 to stand at $48.78 per barrel, IRNA reported.

Iran’s half-month oil price hikes near $12 yr/yr

TEHRAN – The price for Iranian oil has witnessed an almost $12 rise in the first half of the first Iranian calendar month Farvardin (March 21-April 4) compared to the same period last year, Shana reported.

Iranian oil price hikes 40 cents per barrel in a week

TEHRAN- The price of Iran’s light crude oil in the week ending February 3 experienced a $0.40 increase to reach $53.01 per barrel, IRNA reported on Saturday.

Iranian oil price hikes $1.15 per barrel in a week

TEHRAN- The price of Iran’s light crude oil in the week ending December 30 witnessed a $1.15 increase per barrel to register a new record in this commodity’s price in recent months, IRNA reported on Saturday.

Iran sells crude oil at $52.16 in a week

TEHRAN- Iranian light crude oil price continued its upward trend in the week ended on December 23, increasing 30 cents per barrel (pb) to reach $52.16, IRNA reported on Saturday.

Iran’s crude oil price up $4.22 in a week

TEHRAN- Iranian light crude witnessed a $4.22 rise per barrel (pb) in the week ended on December 9 to reach $50.82, Shana reported on Sunday.

Iran sells crude oil at $48.6 per barrel in a week

TEHRAN- Iran sold its light crude oil at $48.66 per barrel in the week ended on October 14, with 81 cents increase from its previous week, Shana news agency reported.

Iranian oil prices hike $5 per barrel in a week

Tehran- The price of Iran’s exported oil in the week ending October 7, witnessed a $5 increase per barrel, IRNA reported on Sunday.