crude
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EGAC Grants NPC ISO/IEC 17025:2017
Thursday, 26th November 2020
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 International Electrotechnical Commission (IEC) 17025: 2017.
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Saudi Arabia Cuts Oil Output after OPEC Low Demand Forecast
Tuesday, 14th August 2018
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.
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Japan Imported 16.45 M Barrels of UAE Crude in June
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.
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WTI Reaches $75 for First Time Since 2014
Wednesday, 4th July 2018
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 million barrels last week.
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Egypt Receives Third Cargo of Iraqi Crude in 2018
Wednesday, 27th June 2018
Egypt has received 2 million barrels of Iraqi crude, the third shipment of 2018.
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Aramco Raises Price of Crude Exports to Asia
Wednesday, 6th June 2018
Saudi Aramco has increased the price of crude exports to Asian buyers to their highest levels since 2014 amid rising demand for Saudi oil.
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Iraqi Oil Exports See Slight Rise in March
Sunday, 1st April 2018
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.
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Saudi Aramco to Begin Trading Non-Saudi Crude
Thursday, 28th September 2017
Looking to expand its operations, Saudi Aramco plans to begin trading non-Saudi crude oil.
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Iraq: Cease Crude Imports from KRG Territories
Monday, 25th September 2017
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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Iran to Export 2.5mb/d of Crude
Monday, 31st October 2016
Iran's exports of crude oil are expected reach 2.5mb/d by the end of the Iranian fiscal year, which concludes on March 20.
Latest News
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Energean Announces 2020 Financial and Operating Results
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Egypt to Expand Oil, Gas Exploration in Western Mediterranean
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Naftogaz Ramps up Oil Production by 20% in Egypt's Western Desert
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Petrojet, TR Sign MoU to Manufacture Heat Transfer Equipment in Egypt
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.90 | -0.73% |
Crude Oil (Brent) Brent | USD/bbl | 64.85 | -0.72% |
NYMEX Natural Gas | USD/MMBtu | 2.67 | -0.71% |
OPEC Basket Price | USD/bbl | 65.36 | +0.40% |
Last Modified April 22, 2021