Oil exports from Iraq's southern terminals have fallen by 170,000b/d so far in January, with the country implementing a further 40,000b/d during the month.
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.
Yemen will export its first crude oil shipment since August later January, according to fixture list data showing Glencore has booked an oil tanker, to dock in Yemen.
Iraq claimed that the autonomous Kurdish region was exporting more than its allocated share of oil as the country seeks to comply with an OPEC output cut.
China's November crude oil imports from the Kingdom of Saudi Arabia (KSA) jumped 29.19% on a year earlier to 1.15mb/d. Saudi Arabia re-emerged as the top oil supplier to India during November with over 873,000b/d,