crude

  • EGAC Grants NPC ISO/IEC 17025:2017

    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.

  • Saudi Arabia Cuts Oil Output after OPEC Low Demand Forecast

    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.

  • Japan Imported 16.45 M Barrels of UAE Crude in June

    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.

  • WTI Reaches $75 for First Time Since 2014

    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.

  • Egypt Receives Third Cargo of Iraqi Crude in 2018

    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.

  • Aramco Raises Price of Crude Exports to Asia

    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.

  • Iraqi Oil Exports See Slight Rise in March

    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.

  • Saudi Aramco to Begin Trading Non-Saudi Crude

    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.

  • Iraq: Cease Crude Imports from KRG Territories

    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.

  • Iran to Export 2.5mb/d of Crude

    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.