News / International
Libya’s Crude Exports Reach 865,000 b/d in July
Libya’s crude exports rose to a new three-year high in July.
Iran Crude Exports Reach 2.2 M b/d
Iran exported over 2.2 million b/d of crude oil to Asian and European markets in July.
Oil Markets Edge Upward
Global oil markets witnessed higher prices for a second month after the US crude market tightened following a renewed calls for the US to sanction Venezuela’s oil industry.
KPC to Ship 2 M Barrels of Crude Oil to Vietnam Refinery
Kuwait Petroleum Corporation (KPC) is planning to ship 2 million barrels of Kuwaiti crude oil to Vietnam for refinement.
Iraq’s Oil Exports Reach 3.230 M b/d
Iraq's oil exports reached an average of 3.230 million b/d in July, the Iraqi oil ministry announced August 1st.
Kuwait’s Crude Oil Exports to Japan Increase by 37.9%
Kuwait’s crude-oil exports to Japan reached 6.94 million barrels in June 2017, a 37.9% increase from June 2016.
Saudi Arabia Maintains Market Share in Japan Despite Production Cuts
Saudi Arabia has maintained the same share of Japan’s crude-oil imports since the end of 2016 despite reducing its production in accordance with the production-cut agreement between OPEC and major, non-OPEC oil producers.
Gas Extraction from Libya’s Bahr Essalam Field to Begin in 2018
Italian oil firm, Eni, anticipates extracting gas from the Bahr Essalam Field in 2018
