November 30, 2018

Taiwan Firm Stops Importing Iranian Oil Despite Waiver

Due to lack of a payment mechanism, Taiwanese firm Formosa Petrochemical will not be buying Iranian oil despite a U.S. waiver to do so, and will […]
November 27, 2018

Japan’s Refiners To Seek Extension Of U.S. Waiver To Import Iranian Oil

Japan’s oil refiners will continue to ask the Japanese government to seek an early extension of the temporary U.S. waiver to import oil from Iran, the […]
November 23, 2018

What Explains The Sudden Plunge In Iranian Oil Exports?

Iran’s tracked oil exports in November plummeted by several hundred thousand barrels per day compared to October, as many Iranian customers hadn’t nominated barrels amid uncertainty […]
November 22, 2018

U.S. Sanction Waivers Boost China’s Demand For Iranian Oil

Iran’s largest oil customer China is set to continue importing robust volumes of Iranian crude at least through the end of this year thanks to the […]
November 20, 2018

Japan, South Korea To Resume Iranian Oil Shipments In January

After reports that South Korea would restart its imports of Iranian crude, now sources familiar with refiners’ plans in both South Korea and Japan, have told […]
November 17, 2018

Japan Might Soon Stop Buying Iranian Crude

Even if some Japanese refiners resume Iranian oil purchases thanks to the U.S. waiver, refiners have just a small window to clear all related transactions, so […]
November 15, 2018

South Korea Serious About Ditching Iranian Oil

South Korea did not import any Iranian crude oil in October, the second month in a row one of the world’s top oil importers has abstained […]
November 2, 2018

Cutting Iranian Oil Imports To Zero Unrealistic: Indian Oil Corp

The prospects of Indian refiners cutting their intake of Iranian crude oil to zero are unrealistic, the chairman of Indian Oil Corp. told S&P Global Platts […]
November 1, 2018

EU Mechanism To Buy Iranian Crude Won’t Be Operational By Nov 5

The creation of a special purpose vehicle that would allow the European Union (EU) to continue buying Iranian oil after the U.S. sanctions on Tehran return […]