Sunday 19 April 2015
 
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Oil Exports

Saudi GDP growth seen at 2.6pc in 2015

Saudi Arabia’s real gross domestic product  (GDP) is expected to grow by 2.6 per cent in 2015 before dropping to 1.5 per cent next year as the oil prices stay subdued, a report said. Meanwhile, 2017 could see a growth o

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Saudi GDP growth seen at 2.6pc in 2015

Saudi Arabia’s real gross domestic product  (GDP) is expected to grow by 2.6 per cent in 2015 before dropping to 1.5 per cent next year as the oil prices stay subdued, a report said. Meanwhile, 2017 could see a growth o

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Iraq's oil exports rise in December towards record

Iraq's oil exports are rising in December towards a record high, according to loading data and industry sources, as the Organization of the Petroleum Exporting Countries (Opec's) second-largest producer p

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Iraqi govt reaches deal with Kurds on oil, budget

Iraq's government reached a formal agreement on Tuesday with Kurdish regional authorities to end a protracted dispute over oil exports and budget payments to the semi-autonomous Kurdish region. Finance Minister Hoshiyar Zebari

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Iraq oil exports steady despite unrest

Iraq's current southern oil output and export levels, given by the country's oil minister yesterday, indicate that fighting and unrest has not derailed an expansion of supplies from Opec's second-largest producer. The

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Saudi August oil exports lowest in three years

Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, official data showed on Monday, as the top oil exporter fights for market share amid weak demand and ample supplies from rival producers.

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ME crude cargoes see shift from Western markets to Asia

The ripple effects of the North American energy boom from major importer to soon-to-be exporter are being felt across the Middle East, Russia and China.  This trend will result in new sources of supply, increase competition, reshape the glo

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Yemen oil export income down 64pc in May, reserves sink

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago, due to attacks on an export pipeline, and the central bank's foreign asset reserves shrank to their lowest since end-2011, data showed o

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Libya oil exports yet to restart from eastern ports

Libya has yet to resume exports from the eastern Ras Lanuf and Es Sider oil ports as the state oil firm waits for the government to notify it on the end of the blockade, a spokesman for the National Oil Corp (NOC) said on Sunday.

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Iraqi oil exports hit new record despite rebel attacks

Iraq's oil exports from its southern terminals are near record rates in June despite attacks by Sunni Islamist insurgents and their capture of swathes of territory in northwest and central Iraq, according to loading data and industry sources

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