crude exports
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Iraq to Increase Southern Ports’ Crude Exports
Sunday, 27th December 2020
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.
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Iraq Revises Price Mechanism for 2021 Shipments
Tuesday, 24th November 2020
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.
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Saudi Crude Exports Rise MoM
Tuesday, 20th October 2020
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.
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Saudi Arabia Crude Oil Exports Falls to 7.2 mmbbl in February
Tuesday, 21st April 2020
Saudi Arabia’s crude oil exports in February slipped to 7.2 million barrels per day (mmbbl) from 7.29 mmbbl in January.
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Saudi Arabia to Increase China’s Oil Exports
Monday, 4th March 2019
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.
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Egypt’s Trade Deficit Falls 10.1% YOY: CAPMAS
Wednesday, 19th December 2018
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.
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Oman Production Reaches 30M barrels in August
Monday, 17th September 2018
Oman produced 30.21 million barrels of crude oil and condensate in August, averaging 974,500 barrels per day (b/d).
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Iran Becomes India’s Second Highest Oil Supplier
Tuesday, 24th July 2018
Iran overtook Saudi Arabia to become the second biggest oil supplier to Indian state refineries between April and June 2018.
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Saudi Crude Exports to Drop by 100,000 b/d in August
Tuesday, 24th July 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.
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Basra Exports up 150K b/d
Thursday, 23rd November 2017
Iraq’s crude exports from its Basra ports are up approximately 150,000 barrels per day (b/d) in November.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021