Sunday 29 March 2015
 
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India owes Iran $8.8bn for oil

India owes about $8.8 billion for oil imports from Iran, India's trade minister said on Friday, as economic sanctions imposed over Tehran's nuclear programme have cut its access to the global banking system and hit its oil revenue.

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S Korea's February Iran crude imports down 50pc

South Korea's imports of Iranian crude oil dropped 50 per cent in February from a year earlier, and the country's oil shipments from the Opec country in the first two months of this year met international sanction requirements.

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China exports up 49pc in February

China's exports, denominated in the yuan currency, jumped 48.9 per cent in February from a year earlier, the official Xinhua news agency said on Sunday, citing official data. Yuan-denominated imports in February fell 20.1 per

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China exports up 49pc in February

China's exports, denominated in the yuan currency, jumped 48.9 per cent in February from a year earlier, the official Xinhua news agency said on Sunday, citing official data. Yuan-denominated imports in February fell 20.1 per

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US consumer sentiment slips from 11-year high

US consumer sentiment unexpectedly fell in February from an 11-year high amid worries over slowing economic growth, suggesting a recent weakness in spending might last for a while. The ebb in sentiment came despite strong job gain

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China's imports slump, exports too down

China's trade performance slumped in January, with exports falling 3.3 per cent from year-ago levels while imports tumbled 19.9 per cent, far worse than analysts had expected and highlighting deepening weakness in the Chinese economy.

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China's imports slump, exports too down

China's trade performance slumped in January, with exports falling 3.3 per cent from year-ago levels while imports tumbled 19.9 per cent, far worse than analysts had expected and highlighting deepening weakness in the Chinese economy.

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Iran's transport fuel imports drop

Iran's gasoline imports have dropped as a result of its efforts to cut reliance on imports of fuel, a senior Iranian oil official was quoted as saying by the Oil Ministry's official website Sh

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S Korea's Iran oil imports up, but not breaching sanctions

South Korea's imports of Iranian crude oil rose 6.5 per cent in November from a year earlier, but shipments for the first 11 months of the year were still below the 2013 average, in line with international sa

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Iran imports gasoil after months, but unlikely to continue

Iran resumed gasoil imports this quarter after a gap of several months on rising consumption of heating oil during winter, but the arrivals are unlikely to continue as the demand is only seasonal, industry source

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