Monday 18 June 2018
Iranian crude

Iran's NITC storing crude on 2 tankers at sea

Iran's biggest crude oil tanker operator, NITC, is storing Iranian crude on two very large crude carriers (VLCCs) and expects that number to fall as the winter demand for oil rises, its chairman said. "At the moment only two ships are now


Eni to get Iran crude for 3 more years

Italy's energy major Eni will continue to receive Iranian crude for at least another three years as Tehran still owes the company about $1 billion from decade-old deals, ENI's chief executive said. International sanctions against Iran have

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