crude exports | Egypt Oil & Gas - Part 5

Saudis Stalling Chinese Requests for More Oil

Saudi Arabia and its main Middle East OPEC partners are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world's biggest crude importer hits new records.

War-Torn Iraq Suffers Low Prices, Oil Debt and Turkish Swap

Iraq is building up debts to the oil companies developing its giant fields, industry sources said, a further sign of how the oil-price drop is putting a squeeze on revenues in OPEC's second-largest producer.

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