crude exports | Egypt Oil & Gas - Part 2

Egypt’s Trade Deficit Falls 10.1% YOY: CAPMAS

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, Amwal Al Ghad reported. Official figures published by the Central A...

Oman Production Reaches 30M barrels in August

Oman produced 30.21 million barrels of crude oil and condensate in August, averaging 974,500 barrels per day (b/d), the Times of Oman reported. Official figures released by the Ministry of Oil and Gas showed that the ...

Iran Becomes India’s Second Highest Oil Supplier

Iran overtook Saudi Arabia to become the second biggest oil supplier to Indian state refineries between April and June 2018, Reuters reported. Tehran’s willingness to offer discounted oil meant that India import...

Saudi Crude Exports to Drop by 100,000 b/d in August

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, according ...

Basra Exports up 150K b/d

Iraq’s crude exports from its Basra ports are up approximately 150,000 barrels per day (b/d) in November, Reuters reports. The government had previously announced that it would increase production from Basra by 200,00...

Refiners Expect Saudi Arabia to Raise Asian Prices

Saudi Arabia is set to raise December crude oil prices for Asian buyers, according to a survey of refiners conducted by Reuters. The leading oil exporter is expected to raise the price of its Light Arab crude to $0.90...

Iranian Exports to Asia Hit 6 Month High

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), Reuters reports. The figure represents a 5.1% year-on-year (y.o.y.) inc...

Crude Exports from KRG Inch Higher to 300K b/d

Oil exports from the Kurdish Regional Government (KRG) rose to 300,000 barrels per day (b/d) on Tuesday, Reuters reports. The rise represents a modest increase from the last week’s range of 200,000 to 250,000 b/d, but...

KRG Exports Tick Up But Remain Low

Oil exports from the semi-autonomous Kurdish region in Iraq to Turkey rose to 255,000 barrels a day (b/d), Reuters reports. Exports had been hovering between 200,000 and 250,000 b/d after the central government seized...

Saudi Aramco Cuts Asian Allocations

To meet its self-imposed export cuts in November, Saudi Arabia is cutting crude oil shipments to customers in Asia, sources told Reuters. Earlier this week, Saudi Arabia announced that it would cut exports of crude oi...

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