Karim Hattab, Iraq’s Deputy Oil Minister for Distribution Affairs stated that the country will work on increasing crude oil export capacity from its southern ports.

Iraq’s Oil Marketing Company (SOMO) has introduced a new look pricing mechanism used to compensate buyers for fluctuations in the density of its crude exports, which will commence with shipments in 2021.

Saudi Arabia’s crude exports and total products have risen over two consecutive months from its historical low in June by 1.49 million barrels per day (mmbbl/d) to 6.99 mmbbl/d in August.

Saudi Arabia’s crude oil exports in February slipped to 7.2 million barrels per day (mmbbl) from 7.29 mmbbl in January.

The Kingdom's crude exports to China is expected to increase, reaching 1.5 million b/d during Q1 2019, up from one million b/d at the same period a year before.

Egypt's trade deficit decreased by 10.1% year-on-year (YOY) in September 2018 to reach $3 billion, compared to $3.35 billion in September 2017.

Oman produced 30.21 million barrels of crude oil and condensate in August, averaging 974,500 barrels per day (b/d).

Iran overtook Saudi Arabia to become the second biggest oil supplier to Indian state refineries between April and June 2018.

Saudi Arabian crude exports are expected to drop by roughly 100,000 barrels per day (b/d) in August as the country refrains from oversuppling the market, the kingdom's OPEC governor stated on July 19.

Iraq’s crude exports from its Basra ports are up approximately 150,000 barrels per day (b/d) in November.