crude oil exports | Egypt Oil & Gas

Saudi Arabia, UAE Increase Oil Exports as Hormuz Shipments Recover

Saudi Arabia and the United Arab Emirates (UAE) have increased crude oil exports as shipments through the Strait of Hormuz recover, with both countries seeking to regain market share lost during the Iran war, accordin...

Iraq Sold About 42 Million Barrels of Oil in July Via Türkiye

Iraq sold about 42 million barrels (mmbbls) of oil in July, including 35.5 mmbbls from its southern ports and 7 mmbbls through Türkiye’s Ceyhan port, Ali Nizar al-Shatari, Director General of Iraq’s state-run Oil Mark...

Saudi to Increase Crude Oil Supply to China, Reaching 44 mmbbl

Saudi crude oil exports to China will rebound in August to at least 44 million barrels (mmbbl) after deep price cuts by state energy firm Saudi Aramco supporting demand, according to Reuters. August exports to China w...

Iraq’s Oil Revenues Increase to $5 Billion

Iraq’s oil revenues surpassed $5 billion in February after exporting more than 98 million barrels (mmbbl) of crude oil, according to Xinhua. The Iraqi Oil Minister, Jabbar Alluaibi, announced in a statement that...

Iraq to Gain $1.75 B from Selling Oil to China

Iraq, the Organization of the Petroleum Exporting Countries (OPEC) member, is expected to gain approximately $1.75 billion from the sale of 100,000 barrels per day (bbl/d) of crude oil to China in 2020, an Iraqi offic...

Egypt’s Fuel Exports Surpass $600 MM

The petroleum sector’s fuel exports’ total value exceeded $600 million, according to Abed Ezz El Regal, the Egyptian General Petroleum Corporation (EGPC) CEO, Amwal Al Ghad reported. Ezz El Regal added that the crude ...

Iranian Oil Exports Fall to 300,000 b/d in June

Iran’s exports of crude oil have continued to decline during June, to the level of 300,000 barrels per day (b/d) or even less down from around 400,000 to 500,000 b/d in May, Reuters reported citing industry sources an...

Iran Boosts Crude Exports to S Korea

Iran’s oil exports to South Korea rose to 1.4 million tons for the month of July, a 26.5% year-on-year increase from the 1.1 million tons it exported to South Korea in July 2016, Reuters reports. During the firs...

Libya’s Crude Exports Reach 865,000 b/d in July

Libya’s crude exports rose to a new three-year high in July. Showing an 11% increase from June, Libya exported approximately 865,000 barrels of crude oil a day in July, according to data compiled by Bloomberg.  Libya’...

Aramco to Cover Asian Crude Demand for August

Saudi Aramco is expected to deliver full crude oil requirements of its customers in India and Southeast Asia as well as four of its North Asian buyers for August, Reuters stated. On the other hand, Saudi Arabia has be...

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