Iraq’s Oil Exports Fall Below Planned Levels in February

• Wednesday, 2nd March 2016
• by Egypt Oil & Gas

Iraq’s Oil Ministry stated that its crude exports declined to an average of 3.225mb/d in February, far below levels planned to provide the nation with badly needed cash for ongoing military operations against Islamic ...

Oil Price Slump Cuts Kuwait Budget Surplus

• Monday, 23rd February 2015
• by Egypt Oil & Gas

Kuwait's government budget surplus shrank 26% in the first nine months of this fiscal year as lower oil prices cut revenue sharply, analysts at National Bank of Kuwait (NBK) calculated, using Ministry of Finance data.