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Global imports of Iranian oil hit one-year high: IEA

Imports eached 1.41 million barrels per day in January and February

Reuters  |  London/Washington 

Global imports of Iranian oil hit a one-year high in January and February, the International Energy Agency said on Friday, data that industry sources say suggests a temporary deal on sanctions pressure on Tehran has helped its oil sales to recover. Imports of Iranian crude, including condensate, reached 1.41 million barrels per day (bpd) in January and February, the IEA, which advises industrialized countries, said in a monthly report. The IEA revised up January's figure by 90,000 bpd. "Higher Iranian imports in recent months reflect, in large part, increased sales of ...

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First Published: Sat, March 15 2014. 01:49 IST
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