Iran&meltblown extruder screw39;s surge to the No..-based consultancy KBC Energy.K."Saudi Arabia's refining capacity has increased over time so it is not in a position to increase its exports further, whereas Iran is better placed to raise its output and sales to India," said Ehsaan Ul Haq of U.The surge is also thanks to Iranian price discounts, which attracted purchases from India's programme to build up its strategic petroleum reserves (SPR).But India's oil imports from Iran have shot up this year after those sanctions were lifted in January.In the first seven months of its fiscal year, between April and October, India imported 523,200 bpd from Iran, compared to 249,100 bpd for the same period a year ago.The Organization of the Petroleum Exporting Countries (OPEC) is due to meet on November 30 to finalise a planned production cut aimed at propping up prices, which continue to languish below per barrel due to oversupply.

Last month India took in 2 million barrels of Iranian crude for the SPR stocks, and another 4 million barrels is expected to be shipped in November.Iran produces almost 4 million bpd of oil and exports 2. Over the whole January to October period, though, Saudi Arabia still holds India's top supply spot, at an average of 830,000 bpd versus Iraq's 784,000 bpd and Iran's 456,400 bpd.Gaining the top position as oil supplier to the world's third-biggest importer, even if only for one month, comes at a sensitive time.Exemptions to the planned cuts were given to Libya and Nigeria, where output has suffered from conflict, and sanctions-hit Iran.4 million bpd. In October they surged more than threefold compared with the same month last year, rising to 789,000 barrels per day (bpd), according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.Returning buyersIndian refiners including Reliance Industries Ltd, operator of the world's biggest refinery complex at Jamnagar, that had stopped imports from Iran during the sanctions period have also returned as buyers of Iranian oil.

Tehran's # exports dropped to 1 million bpd during sanctions, down from a peak of almost 3 million bpd in 2011, before tougher Western sanctions were implemented.That compares to 697,000 bpd supplied last month by Saudi Arabia.1 spot is due partly to less available crude from Saudi Arabia, which has increased its capacity to refine oil instead of just exporting more crude. Given Iran has now pipped de-facto OPEC leader Saudi Arabia in India, those exemptions might be more difficult to defend during the upcoming meeting.Iran used to be India's second-biggest oil supplier, a position it ceded to Iraq after tough Western sanctions over its nuclear development programme limited Tehran's exports and access to finance.New Delhi: Iran overtook political rival Saudi Arabia as India's top oil supplier in October, shipping data showed, just ahead of a producers' meeting this month to hammer out the details on output cuts aimed at reining in a global glut

3 per cent to 2,035.3 per cent, to close at 17,910. The contract plunged . The market turmoil over the summer kept the Fed from raising rates at their September meeting.9 per cent in a sign of weak global demand.17 Beijing: Stocks in China and Japan rose Monday, taking stride a possible US interest rate hike next month after weak China trade suggested more stimulus is in store for the region's biggest economy.12.ANALYST'S TAKE: With Federal Funds Rate futures for December implying a 69 per cent probability of a rate hike, "markets have not thrown a tantrum or gone into hysterics, yet," said IG market strategist Evan Lucas in a report. crude gained 35 cents to .42.12.S.38 points, or 0. Their orderly movements suggest markets "will take a small increase to the Fed funds rate in its stride.

It fell 56 cents on Friday to close at .82 in London. Brent crude, used to price international oils, added 40 cents to .68.CURRENCIES: The dollar rose to 123. So far this year, total Chinese trade has declined 8. Japan's Nikkei 225 was up 2 per cent at 19,663. employers added 271,000 jobs, beating the most optimistic projections, while the unemployment rate dipped to a fresh seven-year low of 5 per cent, from 5.ENERGY: Benchmark U. Weak demand from China is a negative for countries such as Australia and South Korea but also suggests Beijing will continue to provide stimulus to the economy to prevent it from slowing too parallel twin screw barrel manufacturers sharply.17.0768 from .39.0742.S.KEEPING SCORE: The Shanghai Composite Index rose 2. Federal Reserve will raise interest rates as early as next month after keeping them close to zero since the 2008 global crisis. Other markets were mixed. Hong Kong's Hang Seng advanced 0.S.37 yen from Friday's 123.09 on Friday to close at .4 per cent, to close 5,147.4 per cent to 5,142.

The euro gained to .20 and the Nasdaq composite rose 19.37 yen from Friday's 123. Australia's ASX/S&P 200 shed 1.CHINESE TRADE: Chinese customs data showed imports fell by 18. The Standard & Poor's 500 fell less than a point to 2,099.1 per cent to 22,897. "WALL STREET: The Dow Jones industrial average rose 46.AMERICAN JOBS: An unexpectedly strong October jobs report fueled expectations the U.33 on Friday.90 points, or 0.64 per barrel in electronic trading on the New York Mercantile Exchange.90 and South Korea's غير مجاز مي باشدpi retreated 0.5 percent compared with the first 10 months of last year.29. The Labor Department said U. Stock benchmarks in Southeast Asia fell.8 per cent in October from a year earlier, damping hopes for a rebound this quarter from the country's economic slowdown.1 per cent.The dollar rose to 123.2 per cent to 3,668. Exports shrank 6.98 as rate hike prospects propelled the dollar higher against the yen.

Observatory chief Rami Abdel Rahman said Russian warplanes were taking part in the strikes alongside Syrian aircraft.A military source said the bombardment was in preparation for a ground operation.He said it was the wholesale parallel twin screw barrel manufacturers prelude to "a large-scale land offensive supported by Russian air strikes aimed at taking bit by bit the eastern sector of Aleppo and emptying it of its residents."This could go on for hours or days before the ground operation starts. The timing of the ground operation will depend on the results of the strikes and the situation on the ground.

He said two civil defence centres were among the buildings hit in the bombardment, reporting artillery barrages, barrel bombings by helicopters and strikes by fighter jets in quick succession. It said more dead were feared buried under the rubble."An army officer in Aleppo confirmed that the ground assault had yet to begin."We have begun reconnaissance, aerial and artillery bombardment," he told AFP."The Syrians are dropping barrel bombs and the Russian planes are launching strikes," he told AFP. More than 300,000 people have been killed in Syria since the conflict began with anti-government protests in March 2011.An AFP correspondent in the opposition-held east of the city reported intense bombardment both from the air and by ground artillery."Aleppo was once Syria's commercial and industrial hub but has been ravaged by fighting and roughly divided between government control in the west and rebel control in the east since mid-2012.

The Syrian Observatory for Human Rights reported at least 30 strikes on rebel-held districts during the night and early on Friday.The AFP correspondent said the scale of the destruction was the heaviest he had seen in years of fighting in the city and was overwhelming rescue teams..UN envoy Staffan de Mistura warned: "What is happening is Aleppo is under attack and everyone is going back to the conflict.It came after the Syrian army announced late on Thursday that it was launching a new offensive to retake rebel-held parts of the city."A truce deal hammered out between Russia and the United States briefly halted the violence earlier this month, but it collapsed after just a week without any of the promised deliveries of desperately needed relief supplies. Aleppo: Syrian and Russian aircraft pounded rebel-held areas of Aleppo on Friday, a monitor said, after the army announced a new offensive aimed at retaking all of the divided second city.Rebel districts have been under siege by the army for most of the past two months after troops overran the last supply lines.The Britain-based monitoring group said at least 10 people had been killed, among them two children, and dozens wounded.The Britain-based monitoring group said at least 10 people had been killed, among them two children, and dozens wounded