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  1. Korea Imports At 7-Yr Low

    ...pplier with 811,000 b/d for November. The kingdom has increased supplies to Korea by 6% year-on-year to 871,000 b/d for 11M 2020 for a market share of 32.8%. Not only is this well up on 2019’s 27.7%, but a bumper December could yet see Saudi top the annual record of 33.0% set in 2014.  ...

    Volume: 63
    Issue: 50
    Published at Fri, 11 Dec 2020

  2. Italy Crude Imports: Q3 Bounceback, Libya Volumes Set To Soar In Q4

    ...rong rebound in Q3 volumes to leave 9M 2020 imports down just 3% year-on-year (MEES, 4 December). *With little sign of a buying upturn in Q4, 2020’s Italian imports are set to come in below 2014’s 1.09mn b/d as the lowest this century. *Imports from key supplier Saudi Arabia almost halved in Q3 to...

    Volume: 63
    Issue: 50
    Published at Fri, 11 Dec 2020

  3. TransGlobe Egypt Deal: The Key To Reversing Oil Decline?

    ...covery techniques to eke out maximum production from mature fields. Investment (and output) collapsed along with oil prices from late 2014, but 2018 and early 2019 had been seeing something of a rebound. The turbulence of the past year has unsurprisingly caused a renewed slump. Glance at company fi...

    Volume: 63
    Issue: 50
    Published at Fri, 11 Dec 2020