Saudi Aramco is expanding its overseas oil storage capacity and evaluating additional crude export routes to strengthen supply security amid shipping disruptions and constraints affecting the Strait of Hormuz, accordi...
Saudi Aramco is offering extra crude cargoes for loading at Egypt’s Mediterranean port of Sidi Kerir, trading sources told Reuters, as Houthi threats to Saudi shipping heighten risks for southbound Red Sea exports thr...
Saudi Arabia’s crude oil exports fell for a third consecutive month in May, reaching a record low, according to data released by the Joint Organizations Data Initiative (JODI) on Tuesday, as the Iran-Israel conflict d...
Iraq has resumed crude oil exports from the Kurdistan Region through the Iraq–Turkey pipeline after a halt since March 2023. The resumption began early Saturday, September 27, 2025, under directives from Prime Ministe...
Canada’s oil exports to the US are about to increase as pipeline capacity expansions are increasing by at least 420,000 barrels of oil per day (bbl/d). Production of heavy crude in the oil sands is also improving, a...
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. Hattab noted that the current export capacity is 3....
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, according to ...
Saudi Arabia’s crude exports and total product 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, according to data from JODI. I...
Saudi Arabia’s crude oil exports in February slipped to 7.2 million barrels per day (mmbbl) from 7.29 mmbbl in January, official data showed. In total, the Kingdom pumped 9.784 mmbbl in February, up from 9.748 mmbbl i...
Saudi Arabia plans to increase crude exports to China as a response to the increase in oil demand, Gulf Business reported. The crude exports to China is expected to increase, reaching 1.5 million barrels per day (b/d)...