Iran Increases Oil Exports to the West

Iran's oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016.

Saudi Arabia to Cut Light Crude Prices to Asia

The official selling price for flagship Arab light crude could be cut by $0.10-$0.40 in May.

Oman to Reduce Exports to Asia by 15%

Non-OPEC producer Oman has notified its term customers in Asia that it will reduce supplies by 15% from June to meet local demand and as part of its commitment to cut output under a producers' agreement.

Iran Ships 24m Barrels of Gas to Asia, Europe Last January

Following removal of international sanctions, exports volume of Iran’s crude oil and gas condensate has climbed from 1.2 to over 2.8mb/d.

Riyadh Mulls Price Hike for Crude to Asia

Saudi Arabia is expected to slightly increase the price of its crude for Asian customers in March in line with a stronger Dubai benchmark price.

OPEC, Russia Shielding Asia from Supply Cuts

OPEC and Russia are shielding Asia from supply cuts agreed in a landmark deal in 2016 as they fight to protect their share of the world's biggest and fastest growing oil market.

West Africa Boosts Crude Supply to Asia

West African oil producers will send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace supplies cut by OPEC’s Midd ...

Oman Produce About 1mb/d of Oil

Oman's total crude oil and condensates production during November 2016 stood at more than 30mb/d, averaging just over 1mb/d.

PGPIC Seeks $1b to Expand Petchem Projects

Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) is in talks with Asian companies to raise $1.1b for an expansion scheme.

Aramco to Increase Oil Supply to Asia

State oil giant Saudi Aramco has agreed to supply some customers in Asia with incremental crude that will load in January.

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