Issue 42

Oil & Gas

• Back To The Future: Rehabilitation Of Red Sea Terminal Boosts Saudi Export Flexibility

Corporate

• Qatar Petroleum To Replace Oxy At Key Offshore Field

OPEC

• US Permian Shale: Can It Maintain The Gains?
• 2019 Global Oil Demand Projections Revised Down On Economic Headwinds

Geopolitical Risk

• Syria: Gas Output At 75% Pre-War Levels, Oil Recovery Lags

Refining & Petrochemicals

• Iraq Sends Record Volumes To Its Refineries

Power & Water

• Riyadh Touts Desalination Assets In Privatization Drive: What’s At Stake?
• Delegates Desert Saudi Investor Conference

Economics & Finance

• US Crude Still Big In Asia But China Volumes Fall To Zero

News In Brief

• Aramco Chinese Refinery MOU
• Idemitsu Takes Control Of Aramco Japan Refineries
• Libya Refinery Threatened
• Korea Takes Libyan Condi
• SDX Cans Bp Egypt Purchase
• Mubadala Shelves Cepsa IPO

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Iran Has Slashed Its Osps By Up To $1/B* Over The Last Two Months In Bid To Keep Customers