Us Oil

US Briefly Overtakes Saudi Arabia As Top Oil Exporter

Business | Thomson Reuters | Thursday September 12, 2019

The Paris-based agency maintained its estimate for growth in global oil demand during 2019 at 1.1 million bpd and 1.3 million bpd for next year.

India's BPCL Buys American Oil Headed To China, Diverted After Tariffs

Business | Dhwani Pandya, Bloomberg | Thursday September 5, 2019

Beijing announced it would impose the 5 per cent levies -- the first ever Chinese tariffs on US oil -- on August 23 and they took effect September 1.

India Not Buying Oil From Iran After US Waivers Expired: Envoy

India News | Press Trust of India | Friday May 24, 2019

India has stopped importing oil from Iran after American waivers granted to eight buyers expired early this month, New Delhi's envoy in Washington has said, becoming the latest country to comply with the US sanctions on Tehran over its nuclear programme.

Can't Ensure Cheaper Oil Sales To India, Says US Amid Sanctions On Iran

India News | Reuters | Monday May 6, 2019

The US government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, US commerce secretary Wilbur Ross said today.

Iran Leader Says US Oil Sanctions Won't Go "Without Response"

World News | Agence France-Presse | Wednesday April 24, 2019

Iran's supreme leader Ayatollah Ali Khamenei on Wednesday called United State's move to stop other countries from making oil trades with Iran, a "hostile measure" and that "won't be left without response"

Indian Oil Signs First Annual Deal For Oil With US

Business | Thomson Reuters | Monday February 18, 2019

IOC is the first Indian state refiner to buy US oil under an annual contract, in a deal that will also help boost trade between New Delhi and Washington.

Indian Oil Looking For Annual Deal To Buy Oil From US

Business | Thomson Reuters | Wednesday January 30, 2019

India Oil had previously purchased US oil from spot markets and signed a mini-term deal in August to buy 6 million barrels of US oil between November to January.

Pak "Mainstreaming" 26/11 Terrorists Threat To All: PM Modi To Mike Pence

India News | Reported by Nidhi Razdan, Edited by Jimmy Jacob | Wednesday November 14, 2018

PM in Singapore: Prime Minister Narendra Modi today told United States Vice-President Mike Pence that Pakistan's act of "mainstreaming terrorists involved in the 26/11 Mumbai attacks" was a matter of serious concern for the international community.

US Grants Temporary Iran Oil Waivers To India, Seven Other Countries

Business | Thomson Reuters | Monday November 5, 2018

Some of the eight countries - China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea - include OPEC (Organization of the Petroleum Exporting Countries) member Iran's top customers.

"Death To America" Chant By Iran Marchers On Eve Of US Oil Sanctions

World News | Reuters | Monday November 5, 2018

Thousands of Iranians chanting "Death to America" rallied on Sunday to mark the anniversary of the seizure of the U.S. Embassy during the 1979 Islamic Revolution and the imminent reimposition of U.S. sanctions on Iran's oil sector.

US Oil Exports Fall As India Turns To Iran Ahead Of Sanctions

India News | Reuters | Friday October 5, 2018

Indian buyers reduced U.S. crude purchases and loaded up on Iranian oil ahead of the restart of U.S. sanctions next month and as the WTI-Brent differential narrowed, according to traders and shipping intelligence firm Kpler.

US Not 'Afraid To Tackle' Iran Regime At 'Highest Level': Mike Pompeo

World News | Agence France-Presse | Monday July 23, 2018

The United States is not "afraid to tackle" Iranian officials with sanctions at the "highest level" of its government, Secretary of State Mike Pompeo said on Sunday.

PM A "Paper Tiger", Gave In To US Pressure On Iran Oil Imports: Congress

India News | Press Trust of India | Friday July 13, 2018

The Congress today slammed the government over the decline in India's oil imports from Iran in June, saying it shows that Prime Minister Narendra Modi is a "paper tiger" who has given in to US pressure.

Iran Assures India On Oil Supply Day After Diplomat's Warning

India News | Press Trust of India | Thursday July 12, 2018

Iran today said it will do its best to ensure security of oil supply to India, asserting that it has been a reliable energy partner for New Delhi.

As China Tariff War Escalates, US Oil Sellers May Look To India

India News | Sheela Tobben, Bloomberg | Saturday July 7, 2018

Refiners in China were the top buyers of American crude oil in May, and have been regular importers since the U.S. revived domestic output and exports in recent years. But sales may slow amid a growing trade war between Beijing and the Trump Administration.