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Opec Keeps Output Steady In June
...jors’ relationship with the Nigerian authorities. As IOCs continue to exit from onshore and shallow blocks, NNPC has declared ‘a state of emergency’ in the industry, pleading for more collaboration to bring output to 2mn b/d – something that hasn’t been achieved since 2014. VENEZUELA EYES 90...
Volume: 67Issue: 27Published at Fri, 05 Jul 2024 -
US Output Bottoms Out As Exports Target China
...e result of the kingdom’s decision to hike output to record levels in April, saw arrivals in the US average 1.5mn b/d for the five weeks to 19 June – substantially higher than any monthly figure since 2014 – before dipping to 826,000 b/d for the week ending 26 June (see chart). ARMADA RECEDES: US...
Volume: 63Issue: 27Published at Fri, 03 Jul 2020 -
Italy Crude Imports: Record Saudi Volumes, Overall Collapse
...2,000 b/d the highest monthly figure since 2014. Given the collapse in overall volumes, this was also enough to see Saudi surge past the top three 2019 suppliers Iraq, Russia and Azerbaijan (MEES, 6 March) to take the top supplier spot for the first time in at least six years. Iraq volumes slumped to 10...
Volume: 63Issue: 27Published at Fri, 03 Jul 2020 -
Opec On Track For Record Annual Output Despite Unplanned Outages
...eaking lows (MEES, 1 July). OPEC WELLHEAD PRODUCTION, June 2016 (MN B/D, MEES ESTIMATES) June '16 vs May'16 vs Jun '15 May '16 Apr '16 1H16 vs 1H15 1H15 2015 2014 S Ar...
Volume: 59Issue: 27Published at Fri, 08 Jul 2016 -
US Petroleum 2Q 2015 Imports, Exports, Demand (‘000 B/D)
...15 4Q14 3Q14 2Q14 2014 2013 2012 2011 2010 CRUDE OIL IMPORTS 7,020 6,...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Iranian Oil Sales Stay High In May Amid Bumper Chinese Buying
...ar. India has been the next biggest ‘violator,’ taking on an average of 309,000 b/d in the first five months of 2014, 41% up on the corresponding period in 2013. India last week paid some $550mn to Iran to clear part of its total dues for past oil payments, raising prospects within India of a further en...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014