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China's March crude imports from Iran up 36.1pc y/y BEIJING: China's March crude oil imports from Iran rose more than a third from a year ago, keeping imports in the first three months of 2014 close to the levels seen before Western sanctions were applied more than two years ago.China's intake from Iran in March rose 36.1 percent to 555,182 barrels per day (bpd), customs data showed on Monday, in keeping with the rise in exports from the OPEC member after the November nuclear deal that eased some sanctions on Tehran. Under the temporary deal, Iran's exports are supposed to be held at an average 1 million barrels bpd for the six months to July 20, but shipments to Asia have topped that level since November, according to customs and ship tracking data. China's imports have been higher this year largely due to new volumes of condensate, a super light crude, and also because top refiner Sinopec Corp may ...

China's March crude imports from Iran up 36pc BEIJING: China's March crude oil imports from Iran were 2.36 million tonnes, or 555,182 barrels per day, up 36.1 percent from the same month last year, customs data showed on Monday.On a daily basis, the March imports climbed 0.5 percent from February's 552,613 bpd.Copyright Reuters, 2014 ...
Oil prices down in quiet Asian trade SINGAPORE: Oil prices eased in subdued post-holiday Asian trade Monday, but retained support from the escalating Ukraine crisis following a deadly gunfight over the weekend, analysts said. New York's main contract, West Texas Intermediate for May delivery, dipped 13 cents to $104.17 in afternoon trade and Brent North Sea crude for June eased 42 cents to $109.11 a barrel.Desmond Chua, market analyst at CMC Markets in Singapore, said trading volumes are thin owing to the ...
Brent dips towards $109 after steep gains, Ukraine supports SINGAPORE: Brent futures dropped towards $109 a barrel on Monday as investors took profits after steep gains, but uncertainty surrounding the crisis in Ukraine kept limited the decline. Russia and world powers reached an agreement designed to avert a wider conflict over Ukraine, but the viability of the deal was bought into question with at least three people killed in a gunfight.Oil and broader financial markets are watching the unfolding crisis that has already made ...
Oil prices down in quiet Asian trade SINGAPORE: Oil prices were down in subdued post-holiday Asian trade Monday, but retained support from the escalating Ukraine crisis following a deadly gunfight over the weekend, analysts said. New York's main contract, West Texas Intermediate for May delivery, dipped 22 cents to $104.08 in mid-morning trade and Brent North Sea crude for June eased 44 cents to $109.09 a barrel.Desmond Chua, market analyst at CMC Markets in Singapore, said trading volumes are thin in Asian ...
Iran oil exports rise to 1.2mn barrels per day TEHRAN: Iran's crude oil exports have hit 1.2 million barrels per day, almost doubling from eight months ago when the country elected a new president, a top government official said Friday.Mansour Moazami, who holds the planning brief among the Islamic republic's five deputy oil ministers, said the numbers were 20 percent above forecasts and they would rise further."When the government took office, exports were around 700,000 barrels per day," Moazimi was cited as saying by ...
Oil prices mixed in Asian trade SINGAPORE: Oil prices were mixed in Asian trade Thursday as dealers weighed lingering concerns over the Ukraine crisis with a weaker-than-expected US stockpiles report, analysts said. New York's main contract, West Texas Intermediate for May delivery, was up 23 cents at $103.99 in mid-morning trade and Brent North Sea crude for June eased seven cents to $109.53.Singapore-based Phillip Futures said events in Eastern Europe continued "to peg crude prices at elevated levels" ahead of Geneva ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln