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Saudi Asian Supplies Surged To Record High In November Amid Bumper Exports
...th Arab Light averaging $82.02/B, the highest since October 2014. November’s bumper volumes may not be sufficient to offset November’s oil price fall, when Arab Light averaged $66.36/B. The impact of Saudi’s export surge can clearly be seen in Asian import stats, with key buyers from China, Ja...
Volume: 62Issue: 01Published at Fri, 04 Jan 2019 -
Libya: Sharara Restart Prospects Dim As NOC Demands Overhaul Of Oil Field Security
...vember), saw the highest monthly figure since 2014 as output of 1.20mn b/d, a five-year high, combined with Brent crude prices of over $80/B. However revenue will have dipped substantially for December. Though NOC’s annual estimate implies a figure of around $2bn for the last month of the year, MEES ca...
Volume: 62Issue: 01Published at Fri, 04 Jan 2019