Issue 28

Oil & Gas

• Pearl Steps On The Gas In Iraqi Kurdistan
• Egypt Gas Output Hits New Record As Eni Targets ‘More Zohr’ Off Sinai
• Libya: Terminals Reopen, Instability Remains, Haftar Strengthened?

Corporate

• China Puts Oil Center Stage Of Middle East Strategy

OPEC

• Spare Capacity Fears Roil Oil Markets
• EIA Hikes 2019 US Output Forecast; Exports AT Record
• US 1H18 Key Oil Data (‘000 B/D): Crude Output And Exports At Record Levels

Geopolitical Risk

• Syria: Key Crossing Open

Refining & Petrochemicals

• Middle East Downstream Eyes Bunkers Boost From IMO Rules

Power & Water

• Saudi’s PIF Increases Stake In Local Private Firm Acwa Power

Economics & Finance

• Algeria: Reserves Slump To 12-Year Low, But Country Has Bigger Problems
• Egypt Pledges To End Energy Subsidies Within 12 Months

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• OPEC: Latest Oil Rig Count Figures