Issue 01

Oil & Gas

• Iraq: Record Exports, But Contract Reform Hangs In The Balance
• Egypt: Focus On Red Sea

Transportation

• China LNG Buying At Record Levels, Prices At 3-Year High
• Libya’s 2017 Energy Fortunes: Good-Ish News On Oil, Less So On Gas As Instability Continues

Refining & Petrochemicals

• Saudi Hikes Gasoline Prices, Hard On Heels Of Electricity Tariffs Rise
• Saudi: More Delays For Key Petchems JV

Power & Water

• Jordan Lines Up More EBRD Cash For Renewables Projects

OPEC

• The USA: The Global Oil Trade Titan

Geopolitical Risk

• Eni Drills Offshore Cyprus In Spite Of Turkey Threats

Corporate

• Qatar Petroleum Presses Ahead With Shakeup

Economics & Finance

• Algeria Forex Reserves Slump Below $100bn For First Time In 10 Years
• Saudi Foreign Reserves*
• Oman Plans Cut To 2018 Spending In Bid To Trim Deficit
• Jordan’s Finances Get $800mn USAID Boost

Selected Data

• Crude Official Selling Prices ($/B): Saudis Keep Key Arab Light At 3-Year High
• Benchmark Crude Prices ($/B)
• US Oil Output At Record Levels: October Crude Highest Since 1971. Record NGLs Output (4mn B/D For October) Mean Overall Oil Output At Record 13.6mn B/D...