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.
Saudi Arabia is set to raise December crude oil prices for Asian buyers.
Iranian exports to China, South Korea, India, and Japan climbed 20% in September, compared to August, to reach 1.9 million barrels per day (b/d).
Oil exports from the Kurdish Regional Government (KRG) rose to 300,000 barrels per day (b/d) on Tuesday.
Oil exports from the semi-autonomous Kurdish region in Iraq to Turkey rose to 255,000 barrels a day (b/d).
To meet its self-imposed export cuts in November, Saudi Arabia is cutting crude oil shipments to customers in Asia.
The Prime Minister of Iraq, Haider El Abadi, indicated that revenues from the northern, autonomous Kurdish region belong to central government.
