Issue 37

Oil & Gas

• Middle East NOCs Keep Spending Despite Global Upstream Capex Squeeze

Transportation

• Falling Gas Prices Give Iran Dose of Realism

Refining & Petrochemicals

• China’s Sinopec Secures Deal For $1.2bn Upgrade Of Iran’s Largest Refinery

Power & Water

• Iran Starts Work On Nuclear Plants, Eyes Local Fuel Supply
• UAE Solar Program Expands

OPEC

• Surplus To 2018 Leaves Opec No Good Options

Geopolitical Risk

• Libyan Exports ‘To Resume Immediately’ After General Takes Oil Terminals

Corporate

• Iraq Eyes Crude Storage, Export Boost

Economics & Finance

• Iran: Government Courts Anti-Laundering Body, Spurring Conservative Backlash

Selected Data

• US Key Oil Data (‘000 B/D): Crude Imports At 3-Year High As Demand Rises, Production Continues To Fall
• Crude Official Selling Prices ($/B)
• Saudi Aramco Contract Prices For Lpg Exports ($/T)
• Benchmark Crude Prices ($/B)
• LNG Prices Edge Higher On Egypt Buying