ICBPS- Iran's trade value with Turkey has dropped by 67 percent in the first seven months of 2020. The value of trade between Tehran and Ankara fell 67 percent, compared to last year's same period. Tehran Chamber of Commerce Industries Mines and Agriculture (TCCIMA) put Iran-Turkey seven-months trade as $4.2...
Demand Squeeze In India Reduces OPEC Share In Oil Imports
New Delhi- The Covid19 pandemic disturbances have changed the structure of the India's oil and gas sector with the share of OPEC crude in Indian oil imports falling to a decade-low level in July. As per data with industry sources, the oil cartel's share in India's oil imports fell to about...
Middle East Share Of India’s Oil Imports At Over Two-Year High In July
New Delhi- Middle Eastern oil accounted for 71.5% of India's oil imports in July, its highest share in 26 months, while imports from Africa were up to 5%, the lowest in at least 14 years, data from trade sources revealed on Friday. Analysts stated lower fuel demand and paltry refining...