Monday, 20th September 2021
Saudi Arabia retained a top spot in oil supplies to china for a ninth straight month in August as major producers relaxed production cuts.
Wednesday, 30th December 2020
The Iraqi Council of Ministers approved the renewal of a contract to supply 12 million barrels (mmbbl) of Basra Light crude to the Egyptian General Petroleum Corporation (EGPC) in 2021.
Tuesday, 13th October 2020
China’s crude oil imports rose 2.1% in September month-on-month (MoM) as delayed cargoes finally cleared customs after months of port congestion cleared and onshore storage capacity was increased.
Monday, 7th September 2020
China, The world’s largest crude importer, has seen a 13% rise in crude imports year-on-year (YoY) following the arrival of sizeable orders that have now arrived after congestion at the ports.
Wednesday, 22nd January 2020
The cost of the sector's total crude oil imports decreased in the first 10 months of 2019 to $1.29 billion, compared to $1.6 billion in 2018, a $280 million year-on-year (YOY) decline.
Thursday, 22nd August 2019
Crude oil production is targeted to reach approximately 710,000 barrels per day (b/d) by June 2020, up from 650,000 - 660,000 in H1 2019.
Monday, 17th September 2018
South Korea’s imports of Iranian crude plummeted 86.5% year-on-year (YOY) in August, in anticipation of US sanctions set to take full effect in November.
Thursday, 2nd August 2018
Japan’s crude imports from the UAE for June stood at 16.456 million barrels, 22.9% of the country’s total crude imports.
Monday, 13th November 2017
Egypt is negotiating with Iraq to import 24 million barrels of oil per year during 2018.
Thursday, 6th April 2017Egypt announced that the oil and gas relations with Iraq face no obstacles that could delay the agreement with the Iraqi side to send 2bb/m of crude.