OPEC | Egypt Oil & Gas - Part 17
Saudi Petroleum Exports Down to $104.5 B in H1
Saudi Arabia’s petroleum export revenues declined by 3.96% Year-on-Year during H1 2019, according to a Mubasher survey. Crude oil and petroleum product exports decreased by SAR 16.16 billion ($4.31 billion) to S...
Omani Oil Production Exceeds 30 MM Barrels in July
Oman’s crude oil and condensates production reached around 30.1 million barrels during July, with a daily average production rate of 970,682 barrels, Times of Oman reported. The monthly report issued by the Omani Mini...
Iraqi Oil Production Hits Highest Level since 2017
Iraq’s crude oil production increased to 4.62 million per day (b/d) in July, as shown by the data of the State Oil Marketing Organization (SOMO), S&P Global reported. This the highest monthly figure for Iraq...
Saudi Oil Exports to China Hit Record Level
Saudi Arabia’s crude oil exports to China soared to 1.74 million barrels per day (b/d) in July, while shipments to the US tumbled to 161,000 b/d compared with 1.03 million b/d a year earlier, Bloomberg reported. Last ...
Saudi Arabia Renews Commitment to Output Cuts
The Saudi Minister of Energy, Khalid Al-Falih has discussed with his Russian counterpart the recent developments in global oil markets, Reuters reported. During the meeting, Al-Falih pointed out that Saudi Arabia will...
Iraq’s Oil Exports Rise 1.3% in July
The Iraqi Ministry of Oil announced that oil exports rose from 3.52 million barrels per day (b/d) to 3.566 million b/d in July, Reuters reported. During July, selling price averaged $61.156 per barrel, with total reve... Saudi Arabia’s Oil Production Down 200,000 b/d in July
Saudi Arabia’s oil production fell to 9.6 million barrels per day (b/d) in July and is expected to stay below the 10 million b/d level in the coming months, Reuters reported. The kingdom’s crude output decreased...
Saudi Oil Exports to China Hit Highest Level Since 2013
Saudi Arabia has compensated China for the shortage of crude oil supplies due to the US-imposed sanctions on Iran. After Chinese oil importer crude Iranian imports decreased to their lowest level since 2010, Al-Arabiy... 
