crude oil | Egypt Oil & Gas - Part 11
Saudi Arabia to Reduce Crude Oil Cuts to 350,000 b/d for October
Saudi Arabia will cut its exports of crude oil by 350,000 barrels per day (b/d) during the month of October.
Egypt’s Consumption, Production of Hydrocarbons Falls
Consumption of crude oil, condensates, and butane fell to 3.02 million tons in June from 3.49 million tons in June 2016, a year-on-year (y-o-y) decline of 13.5%.
Egypt Cut Fuel Import Bills by 23%
Egypt's fuel imports for the first five months of 2017 fell to $497 million from $645 million during the same period last year, a year-on-year decrease of 23%.
Egypt Exports $2.955B Worth of Crude Oil and Petroleum Products
Egypt exported approximately $2.955-billion worth of crude oil and petroleum products between July 2016 and March 2017.
Egypt to Boost Crude Oil Production
Ministry of Petroleum plans to boost daily production of crude oil and condensates to 36 million tons.
Iraq Exports 592m Barrels of Oil in 1H 2017
Iraq exported more than 592m barrels of oil since January, according to the Oil Marketing Company SOMO.
Kuwait Oil Exports to Japan Increase 10.2% in May
Kuwait boosted crude oil exports to Japan by 10.2% in May, which is the first growth in four months.
Saudi Arabia and Qatar Share Oil Tankers despite Tensions
The number of tankers that are filling with Qatari crude along with that of Saudi Arabia or the United Arab Emirates increased since tensions started.
