PetroLogistics: OPEC Oil Exports & Consumption to Fall 419K b/d in August

• Tuesday, 22nd August 2017
• by Editorial Team

PetroLogistics is predicting a 419,000 barrels per day (b/d) drop in OPEC oil exports and consumption for the month of August.

OPEC will Reconsider Production Cuts in November

• Tuesday, 22nd August 2017
• by Editorial Team

OPEC members will discuss OPEC's production-cut strategy when they meet in November.

New Setback at Libya’s Sharara Oilfield

• Monday, 21st August 2017
• by Editorial Team

Production has halted again at Libya’s Sharara field due to a pipeline blockade.

Iraq to Shift Price Benchmarks for Asia

• Monday, 21st August 2017
• by Editorial Team

Iraq will adopt a new crude-oil benchmark for its Asian exports.

Saudi Arabia’s Crude Exports Fell in June

• Sunday, 20th August 2017
• by Editorial Team

Saudi Arabia's exports of crude oil declined 35,000 barrels per day (b/d) in June 2017 from May 2017.

Kuwait Awards Saipem with $850 M Pipeline Contract

• Sunday, 20th August 2017
• by Editorial Team

The Kuwait Oil Company (KOC) awarded a contract worth approximately $850 million to Saipem to construct a pipeline system for the new El Zour refinery.

Workers Mollified, Zueitina Port Resumes Operations

• Sunday, 20th August 2017
• by Editorial Team

The Zueitini port resumed operations last week after the port’s operator promised to meet the demands of Zueitini Worker’s Union.

Shell Lifts Crude from Libya’s Zueitina Port

• Sunday, 20th August 2017
• by Editorial Team

Royal Dutch Shell lifted 600,000 barrels of crude oil from Libya’s Zueitina port.

Iraq’s Oil Exports Trend Lower

• Thursday, 17th August 2017
• by Editorial Team

Iraq’s oil exports from its southern ports have declined so far this month.

Saudi Arabia’s Oil Revenues Rise

• Tuesday, 15th August 2017
• by Editorial Team

Saudi Arabia's Ministry of Finance announced that the kingdom's second-quarter crude-oil revenues climbed 28% from second-quarter revenues in 2016