1. The Oil Price Slide: Just How Bad Is It For Iran?

    ...richment. Specific restrictions targeting Iran’s oil revenues, introduced some three years ago, have only made matters worse for Tehran, effectively slashing oil exports to between 1.1mn and 1.2mn b/d so far this year, from an average of 2.5mn b/d in 2011.  Pick Of The Bunch With the recent slowdown in...

    Volume: 57
    Issue: 47
    Published at Fri, 21 Nov 2014
  2. Tripoli Could Face International Sanctions Over Terror Links

    ...the 2011 revolution that toppled the former leader Mu’ammar al-Qadhafi and plunged the country into chaos. The revival was slowed by strikes at the Intisar and Gialo fields in the eastern Sirte basin, Libya’s oil heartland. The raid on Sharara reversed the trend, and output is now estimated at ar...

    Volume: 57
    Issue: 47
    Published at Fri, 21 Nov 2014
  3. Saudi Arabia Looks East

    ...ude exports rose slightly to 6.722mn b/d in September from 6.663mn b/d in August, they are at their lowest level since March 2011, according to the latest data from the Riyadh-based Joint Oil Data Initiative (JODI, see p20-21). And shipments to the US, where it is the second largest source of imported cr...

    Volume: 57
    Issue: 47
    Published at Fri, 21 Nov 2014
  4. GCC Mends Fences

    ...st several months, Saudi Arabia finally returned its ambassador to Doha this week. The UAE and Bahrain will likely follow suit, though it is unclear if the dispute has reached a final resolution. Since the 2011 ouster of Egypt’s Husni Mubarak, the GCC has been roiled by an internal dispute that pi...

    Volume: 57
    Issue: 47
    Published at Fri, 21 Nov 2014
  5. Kuwait Budget Surplus Down 25%

    ...dget)         1H14-15 KD BN % Nominal % Real 1H13-14  2013-14 2012-13 2011-12 REVENUE 15.09 -0....

    Volume: 57
    Issue: 47
    Published at Fri, 21 Nov 2014
  6. Dow Petchems JVs To Be Floated On Kuwait Exchange

    ...tar, and the UAE - approved in March 2011. The four also pledged $10bn to Bahrain to help ease social tension and promote economic development in the aftermath of the Arab Spring uprisings. Jordan and Morocco also received grants of $5bn each from the four GCC countries post-Arab Spring.  These fo...

    Volume: 57
    Issue: 47
    Published at Fri, 21 Nov 2014
  7. Saudi Refining Ramp-Up Continues – Data Analysis

    ...0,000 b/d on a year earlier. But crude exports are down by 1.12mn b/d year-on-year. Overall net oil exports, at 6.95mn b/d, fell below 7mn b/d for the first time since early 2011.   Ø  Crude oil burning  was seasonally lower in September but the fuel oil burn continued to rise, hitting a six-year hi...

    Volume: 57
    Issue: 47
    Published at Fri, 21 Nov 2014
  8. Benchmark Crude Prices ($/B)

    ...13 2012 2011 WTI 75.85 76.51 78.24 84.33 93.13 97.25 103.00 98...

    Volume: 57
    Issue: 47
    Published at Fri, 21 Nov 2014