 |
Kuwait trade surplus hits record $75bn in 2012Kuwait’s trade surplus reached an all-time high of KD25.9 billion ($74.5 billion) in 2012, surpassing the previously set record level of KD21.2 billion in 2011, a report said. The surplus, estimated at around 53 per cent of More… |
 |
Saudi oil exports jump to 7.45m bpd in FebSaudi crude exports rose to over 7.45 million barrels per day (bpd) in February, a rise of 363,000 from January, official figures from the Joint Oil Data Initiative (JODI) showed. The world's largest oil exporter shipped aroun More… |
 |
Iran's Q1 fuel oil exports ‘up 12pc over Q4’Iran exported nearly 18 million barrels of fuel oil in the first quarter, or around 200,000 barrels per day, an increase of nearly 12.5 percent from the previous quarter, according to traders and data from Thomson Reuters Oil Analytics. More… |
 |
Kurdistan move to export crude ‘still illegal’Any move by Iraq's autonomous Kurdistan region to export oil without central government approval is still illegal and would make reaching a deal on delayed oil payments more difficult, senior Iraqi oil officials said on Tuesday. More… |
 |
Kurds suspend oil exports over disputeAn Iraqi Kurdish official said the country's self-ruled northern Kurdish region has suspended oil exports over a payment row with Baghdad, a development that could add to souring relations between the Kurds and the central government. More… |
 |
Iran sidesteps sanctions to export its fuel oilIran is becoming increasingly creative in dodging Western sanctions, managing to sell a rising volume of fuel oil to generate revenue equal to up to a third of its crude exports, which have been badly hit by restrictions. Compared More… |
 |
Iraqi Kurdistan oil exports fall to 5,000 bpdOil shipments from autonomous Iraqi Kurdistan have fallen to around 5,000 barrels per day from around 30,000 bpd at the start of the week, Iraqi oil officials said on Thursday. Two officials at the state-run North Oil Company did More… |
 |
No plans to close Hormuz, says IranIran has no plan to close the vital shipping lanes of the Strait of Hormuz, Defence Minister Brigadier General Ahmad Vahidi was cited as saying by state-run Press TV. Iranian officials have repeatedly threatened to close the strai More… |
 |
Iraq oil exports hit by bad weatherBad weather has slashed Iraq's southern oil exports to 792,000 barrels per day (bpd) from 2.35 million bpd, Iraqi oil sources said yesterday. "The weather may improve today or tomorrow and allow exports to return to norma More… |
 |
Bad weather cuts Iraq southern oil exportsBad weather has slashed Iraq's southern oil exports to 792,000 barrels per day (bpd) from 2.35 million bpd, a disruption that could last at least one day, Iraqi oil sources said on Sunday. & More… |
