Iraq to Sell 10,000 b/d Oil to Jordan
Iraq and Jordan have agreed on many mechanisms to strengthen the economic cooperation between the two countries, including the study of establishing an Iraqi oil pipeline to deliver oil to Jordan.
Iraq and Jordan have agreed on many mechanisms to strengthen the economic cooperation between the two countries, including the study of establishing an Iraqi oil pipeline to deliver oil to Jordan.
Iran will offer 1 million barrels of oil destined for export on the stock exchange, possibly by as soon as next week, head of the state-run National Iranian Oil Company (NIOC) said.
Oil exports from the Shahid Bahonar port in southern Iran have risen by 40% over the past four months.
Iraq will start to export 60,000 barrel per day (b/d) of Kirkuk fields' oil, using tanker trucks that will cross the Iranian border to deliver this oil to an Iranian refinery.
Egypt’s oil exports value decreased by 10% year-on-year (Y.o.Y) to reach $208 million in October 2017, compared to $231 million in October 2016.
Iraqi oil exports from the southern Basra ports increased by 1% to 3.535 million barrels per day (mb/d) in December 2017, compared to 3.5 mb/d in August.
Iranian crude oil output and exports have not been affected by the unrest, which is spreading across the Asian Country, Iranian oil and shipping sources stated on January 2nd.
Iraqi oil exports to the US moved ahead of Saudi Arabia’s by approximately 2.9 million barrels in September.
Iranian crude exports to Asia rose in August for the second month in a row but remained well below export levels for August 2016.
With refining operations disrupted in the US, Saudi Arabia will increase exports to Asian markets in October.