Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Iran’s oil sales plunge due to US sanctions but crude export remains high

Iran’s oil sales plunge due to US sanctions but crude export remains high

The US sanctions against Iran’s oil industry have resulted in more than 80% exports contraction. However, Iranian crude oil sales remain high, around $500 million per month. That is the maximum level, experts say.
The White House restrictions have had almost no impact on the country’s export of raw materials, in particular fuel oil and liquefied petroleum gas (LPG). According to Iran’s Oil Minister Bijan Zanganeh, oil supplies reached historic highs last month.
FGE consulting company estimated that Iranian LPG exports ranged from 400 thousand to 500 thousand barrels per day. According to Refinitiv Eikon, Iran exported over 230 thousand barrels of fuel oil per day in August. Interestingly, the total volume of supplies from Iran went to the United Arab Emirates (UAE). With the current oil prices, such sales result in more than $300 million revenue per month, according to experts’ estimates. Kpler analysts say that the country’s LPG export was 514 thousand tons in July this year, or almost 200 thousand barrels per day. The total cost of crude oil has exceeded $180 million.


See aslo