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  1. DME Looks To Build On Momentum Into 2024

    ...utinely exported to China (see chart 1). Despite China’s dominance as an end-destination, trading on the exchange is conducted by a broad range of global participants. BACK TO THE FUTURE         For DME Oman, the period 2017-18 was its heyday, during which all records for activity were set. Ho...

    Volume: 66
    Issue: 43
    Published at Fri, 27 Oct 2023

  2. US Challenging Saudi As World’s Top Oil Exporter

    ...eraging 6.96mn b/d, which is slightly less than 2017’s 6.97mn b/d. 2017 was the first year of the Opec+ production agreement which was temporarily eased in the second half of 2018. Crude oil exports may be down this year, but Saudi Arabia is sending record breaking volumes to the world’s number one im...

    Volume: 62
    Issue: 43
    Published at Fri, 25 Oct 2019

  3. Suez Canal Trade Hits Records But Trade War Threatens

    ...7bn for 2018 as a whole, comfortably ahead of the previous annual record of $5.465bn set in 2014. The Suez Canal is a key revenue stream for Egypt: the record $5.71bn takings for the 2017/18 financial year equated to 12.4% of $45.9bn in state revenue, up from 11.1% in the previous financial year. Ca...

    Volume: 61
    Issue: 43
    Published at Fri, 26 Oct 2018

  4. Opec Members Maneuvering For Advantage In Key Asian Export Markets

    ...eas. Exports to the US initially held up in 2017, but the intense scrutiny afforded to US figures has seen Opec increasingly cut there, to boost oil prices. Saudi Arabia and Iraq are the two largest Opec suppliers of crude oil to the US. Provisional weekly figures from the US government’s EIA shows cr...

    Volume: 60
    Issue: 43
    Published at Fri, 27 Oct 2017

  5. IEA Predicts Bleaker Days Ahead For OPEC

    ...ar through to 2017, and the estimated Call on OPEC is cut from 2013 by some 600,000-900,000 b/d. The IEA has also downgraded its projections for OPEC NGL supply.  And most critically for OPEC member countries, the MTOMR sees average oil import prices falling in nominal terms from $107/B this year st...

    Volume: 55
    Issue: 43
    Published at Fri, 19 Oct 2012