Home / Knowledge / News / Textiles / Iran overtakes Saudi Arabia in exports of crude oil to China
Iran overtakes Saudi Arabia in exports of crude oil to China
23
Jun '09
According to data revealed by the Chinese customs authorities, Iran shipped 3.088 million tons of crude oil and in the process, overtook Saudi Arabia as the biggest supplier of crude oil to China in the month of May.

Iran recorded a growth of 88 percent y-o-y in its crude oil shipments to China, while Saudi Arabia, the biggest crude oil supplier till date saw its exports falling by 15.5 percent from that a year ago to 2.76 million tons.

Analysts aver that this could be due to the increasing imports of heavy grade crude oil, which Saudi Arabia has not been able to supply due to the OEPC led cuts, while others attribute this as a one time affair which may not repeat itself.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search