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Saudi Oil Exports On Track For Record Year
...oducts exports are poised to top 2mn b/d for the first time this year, which would represent a massive 70% year-on-year increase on 2017’s record 1.44mn b/d. With crude exports relatively subdued, although still on course to bounce back above 7mn b/d, refined products are set to exceed 20% of total oil ex...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018 -
Saudi Crude Exports At 3-Year Low: Oil Burn Peaks Amid Opec Curbs
...cord 1.02mn b/d for the year as a whole, up from MEES’ previous 991,000 b/d 2017 forecast (MEES, 18 August). Increased oil burn has directly hit the volume of crude available for export. Crude exports, at 6.693mn b/d in July, were down for the fourth straight month and at their lowest level since Au...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
Aramco Output Policy Under Scrutiny Ahead Of Algiers
...ter both the IEA and Opec have released more pessimistic market outlooks. The IEA now sees supply exceeding demand in every quarter of 2017, while Opec sees a large supply surplus for 2017 as a whole. Even if the gains to Opec output that the IEA has factored in to its forecasts fail to materialize, su...
Volume: 59Issue: 38Published at Fri, 23 Sep 2016