Iraq’s March production has been reduced by more than its share of 210,000b/d from its southern fields, while northern production has been reduced by around 30,000-40,000b/d so far in March from February.
Non-OPEC producer Oman has notified its term customers in Asia that it will reduce supplies by 15% from June to meet local demand and as part of its commitment to cut output under a producers' agreement.
Iran says it expects to increase exports of crude oil to Europe to as high as 800,000b/d by May. The country currently supplies Europe with 500,000b/d of crude oil.
Kuwait crude oil exports to Japan increased by 33.7% during September, when compared to volumes from the same period during 2015. It reached 6.83mb of oil, averaging 228,000b/d.
Yanbu Aramco Sinopec Refining (YASREF) assigned Ennpi to completed design work associated with a project aiming to facilitate the exportation of refined fuels to Saudi Arabia's Aramco.