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Iranian June crude exports down 10%

: Wednesday, July 02 - 2014 @ 01:06

Iranian crude oil exports have dropped in June after a spike in May, but remained above the level allowed by an interim deal aimed at curbing Tehran’s nuclear programme, Reuters has reported. Iran’s oil exports slipped to 1.21 million bpd in June, from 1.33 million bpd in May, said a source who tracks tanker movements. “Total exports are about 10% down month-on-month as China and India have taken less,” the source said. “Exports in June to Japan and Turkey have been firm and South Korea has taken more, making up for lower sales to that destination in May,” the source added.

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Wednesday, July 2- 2014 @ 1:06 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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