Oil Exports
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Iraqi Oil Exports Reaches 2.7 mmb/d in November
Wednesday, 2nd December 2020
The Iraqi Ministry of Oil announced that total oil exports reached to 2.709 million barrels per days (mmb/d) during November dropped from 2.876 mmb/d in October.
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Iraq Seeks Negotiation with OPEC+ If Cuts Extended
Monday, 23rd November 2020
Iraq’s Member of the Parliamentary Oil and Energy Committee, Ghalib Muhammad, is seeking to negotiate with the Organization for Petroleum Exporting Countries and its allies (OPEC+) a reduction in Iraq’s percentage of production if the group goes ahead with extending production cuts.
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Iraq Oil Exports in October Rise by 9% MoM
Monday, 2nd November 2020
Iraq, OPEC’s third-largest oil producing nation, increased its exports to 2.876 million barrels per day (mmbbl/d) in October up from 2.613 mmbbl/d in the previous month.
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Oman’s Production in September Reaches 718,000 bbl/d
Monday, 12th October 2020
The Sultanate of Oman’s average daily production of crude oil reached 718,700 barrels per day (bbl/d) during September.
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Oman’s Oil Production Falls 7.5% in August
Tuesday, 6th October 2020
The Sultanate of Oman’s oil production in August declined by 7.5% which roughly equates to 190.91 million barrels of oil (mmbbl).
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Saudi Oil Production Remains Steady in September
Monday, 5th October 2020
Saudi Arabia, the world’s largest oil producer, has reduced its crude oil production by 104,000 barrels of oil per day (bbl/d) when compared with August’s figures.
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Venezuela’s Oil Exports Rise in September
Sunday, 4th October 2020
Venezuelan oil exports rose again for a consecutive month after customers aim to buy as much crude as possible from the sanctioned nation before the US ramps up sanctions.
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Iraq’s Oil Revenue Reach $3.49 B
Wednesday, 26th August 2020
Iraq’s oil ministry has announced that oil revenues accounted for in excess of $3.49 billion after a total of 85.6 million barrels of oil (mmbbl) were exported.
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South Pars Exports 4.4 MM Tonnes of Oil
Monday, 29th June 2020
Pars Special Economic Energy Zone (PSEEZ) exported a total of 4.4 million tonnes of oil products from March to June.
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Iran’s Shahid Rajaee Oil Exports Increase by 32.6%
Tuesday, 2nd June 2020
Iran’s Shahid Rajaie Port has recorded a 32.6% increase in oil products exports since the beginning of the Iranian calendar year (March 20).
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021