Oil Exports | Egypt Oil & Gas - Part 7
Iran Increases Oil Exports to the West
Iran’s oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016 and almost caught up with volumes exported to Asia, according to Reuters. Iran, which used to be O...
Kuwait Increases Oil Exports to China
Kuwaiti governmental data indicated that the country’s exports of crude oil to China in February 2017 increased by 16.5% from February 2016, on daily basis to 1.07m tons, equivalent to around 281,000b/d, KUNA re...
Saudi Arabia Cuts Oil Supplies to the US
Oil prices moved higher late March after Saudi Arabia announced the reduction in its exports to the United States (US), Reuters reported. According to the kingdom, Saudi Arabia’s oil exports to the US will decre...
Angola to Increase Its April Oil Exports
Angola will increase its April crude oil exports to 1.691mb/d, according to its provisional loading plan, reported Reuters. The exports contain 53 cargoes that include the first of Olombendo crude oil from the East Po...
Global Insurers to Cover Iranian Oil Cargoes
Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from Feburary after striking a deal to provide cover without involving US-domiciled reinsurers, according to Reuters ... Iraq Cut Oil Exports by 170,000b/d
Oil exports from Iraq’s southern terminals have fallen so far in January, according to loading data and an industry source, a sign that the Organization for Petroleum Exporting Countries’ (OPEC) second-largest p...
Sri Lanka to Buy Iranian Oil
Sri Lanka is interested in purchasing oil and related products from the Islamic Republic of Iran, after resolving the outstanding financial issues between the two countries pertaining to previous purchases, Daily Mirr...
Saudi Arabia Cut Oil Exports to Asia
Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal. Yet, it has held most of its exports to the rest of Asia steady, Reuters reported. State ...
