crude | Egypt Oil & Gas

Saudi to Export Full June Volumes of Crude to Asian Refiners

Saudi Arabia intents to supply full volumes of crude oil to at lease four Asian refineries in June.

EGAC Grants NPC ISO/IEC 17025:2017

The Egyptian Accreditation Council (EGAC) has accredited Nasr Petroleum Company’s (NPC) General Administration for Chemical Research’s laboratories with International Organization for Standardization (ISO) and the ...

Saudi Arabia Cuts Oil Output after OPEC Low Demand Forecast

Saudi Arabia was forced to cut oil production by more than 200,000 barrels per day (b/d) last month after OPEC’s forecasted demand figures were lower than expected, raising concerns about oversupply.

Japan Imported 16.45 M Barrels of UAE Crude in June

Japan’s crude imports from the UAE for June stood at 16.456 million barrels, 22.9% of the country’s total crude imports.

WTI Reaches $75 for First Time Since 2014

West Texas Intermediate (WTI) crude reached $75 a barrel on July 3, but quickly dropped to settle at just 0.3% higher, after the American Petroleum Institute (API) announced that US crude inventories fell by 4.51 ...

Egypt Receives Third Cargo of Iraqi Crude in 2018

Egypt has received 2 million barrels of Iraqi crude, the third shipment of 2018.

Aramco Raises Price of Crude Exports to Asia

Saudi Aramco has increased the price of crude exports to Asian buyers to their highest levels since 2014 amid rising demand for Saudi oil.

Iraqi Oil Exports See Slight Rise in March

Iraq exported 3.453 million barrels per day (mb/d) of crude oil from its southern ports in March, a slight increase from the numbers for February, which marked the third month in a downward trend.

Saudi Aramco to Begin Trading Non-Saudi Crude

Looking to expand its operations, Saudi Aramco plans to begin trading non-Saudi crude oil.

Iraq: Cease Crude Imports from KRG Territories

The Iraq government called on the international community to cease importing crude oil from the autonomous region controlled by the Kurdistan Regional Government.

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