Monday, 22nd April 2019
The US will no longer be giving any waivers to current Iranian oil buyers who were allowed in 2018 to purchase oil from Iran without sanctions.
Monday, 8th October 2018
Oil prices could reach $90 a barrel by Christmas and rise further to $100 a barrel before the new year, Trafigura’s Co-Head of Oil Trading Ben Luckock told a conference on September 24.
Sunday, 30th September 2018
The price of Omani crude oil crossed the $88 mark on September 26 for the first time in four years, a $6 jump from the day before.
Wednesday, 19th September 2018
Algeria’s oil and gas exports fell 2.8% year-on-year (YOY) in Q1 2018 due to higher domestic consumption and lowered production.
Monday, 17th September 2018
Oman produced 30.21 million barrels of crude oil and condensate in August, averaging 974,500 barrels per day (b/d).
Wednesday, 5th September 2018
Egypt has signed hedging contracts with American banks J.P. Morgan and Citibank to secure against fluctuating oil prices, according to a government official.
Thursday, 31st May 2018
The Egyptian government announced in an official document that fuel imports cost $75 per barrel.
Sunday, 20th May 2018
Oil prices reached $80 a barrel on May 17, driven by concerns over falling supplies due to renewed US sanctions on Iran.
Monday, 26th February 2018
Kuwait’s oil price has increased by 0.525% in the past few days.
Wednesday, 13th September 2017
Iraq is reconsidering its previously announced plan to switch its price benchmark for Asian-bound crude from the Platts’ Oman-Dubai average to DME Oman futures.