Tag: Export
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Iraqi oil export revenues jump by more than $390 million in April
Iraqi oil export revenues increased by about $392 million during the month of April (2023), compared to the previous month, March. Today, Tuesday, May 2 (2023), the Iraqi Ministry of Oil issued preliminary statistics on the quantities of oil that were exported from the country, and the revenues achieved during the month of April, according…
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Saudi oil export revenues fell by $2.8 billion in February
Saudi oil export revenues declined, during last February, on an annual basis, with the decline in average oil prices compared to the same period in 2022. And official data – seen by the specialized energy platform – showed that Saudi Arabia’s oil revenues decreased, in February, by 11.7%, compared to the same period in 2022.…
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Saudi Arabia threatens not to export oil…and decisive statements regarding “No to OPEC”
Saudi Arabia threatened to stop oil exports if a price cap was imposed on its supplies to global markets, but it limited that to countries that adopt such a decision. The Saudi threat came from the words of the Minister of Energy, Prince Abdulaziz bin Salman, in response to a question by “Energy Intelligence” about…
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Algeria is studying a deal to export oil and gas to Jordan
Algeria is considering exporting oil and gas to Jordan, to secure part of its needs, with the growing demand for fuel locally. In this context, the Algerian Minister of Energy and Mines, Mohamed Arkab, said, during his meeting with a Jordanian parliamentary delegation: that his country is serious about studying the possibility of supplying Jordan…
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A new trick to export Russian oil and store it in an Arab country
Russian oil continues to lure many global markets with its cheap prices, prompting some to circumvent the sanctions imposed on Moscow following its invasion of Ukraine. In this context, it was noted the increasing demand for oil storage tanks in Singapore and the UAE, indicating that Russian oil is being blended and re-exported globally. Storage…
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Guyana’s oil export revenues could jump to 31% in 2023
Guyana’s oil export revenues are expected to rise by 31% to $1.63 billion in the current year (2023), according to government estimates. Finance Minister Ashni Singh said on Monday (January 16) that this forecast is mainly due to increased production from the addition of a third production facility towards the end of the year, according…
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Iranian Oil Export Figures and the Policy of Withholding Information in Tehran (Article)
Read in this article Only official statistics on the value of the country’s exports of oil and petroleum products have been published Tehran exports from 420 thousand to 450 thousand barrels of oil products per day Iran is in a state of battle.. Even selling one barrel of oil is not normal In the current…
