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    • Oil Exports

Oil Exports Newsletter
  • Why Africa Is Missing Out on The Oil Boom 01 Sep 2024 03:09 GMT

    … the Oil Boom Saudi Arabia and other OPEC and OPEC+ producers … hurdles to African petrostates benefiting from the oil price surge.  … where crude oil output fell by around 1 million barrels per … majeure at the key crude oil export terminals.  The combination of …

  • Exports rise for 11th straight month in August on strong chip demand 01 Sep 2024 00:13 GMT

    … reach $2.8 billion. Exports of petroleum products gained 1.4 … six straight months of gains. Exports of automobiles, on the … in semiconductors and mobile devices. Exports to South Korea' … August. "With overall exports reaching the highest amount for …

  • Three Libyan oil fields receive instructions to resume production, engineers say 31 Aug 2024 22:53 GMT

    … years for the major energy exporter, long torn between rival … factions to shut down all oil production. The eastern-based … Libyan oil export port of Hariga stopped operating due to insufficient crude … normally produces about 209,000 barrels per day (bpd). Libya …

  • Oil trades positive over demand expectation in US 31 Aug 2024 17:24 GMT

    … . Supporting the uptrend, Libyan halted exports while rising tensions in the … at $74.83 per barrel. The American Petroleum Institute (API) data showed … a 3.4-million-barrel fall in US crude oil inventories, against the …

  • Windfall tax on crude petroleum reduced to ₹1,850 per tonne 31 Aug 2024 07:24 GMT

    … windfall tax on domestically-produced crude oil to ₹1,850 per tonne … SAED on the export of diesel, petrol and jet fuel or ATF, has … every fortnight based on average oil prices in the previous two …

  • Expected Supply Boost Weakens Crude Oil Prices 31 Aug 2024 14:51 GMT

    … Organisation of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) starting in October … of barrels entering the market. Eight OPEC+ members are set to increase crude oil … production by 180,000 barrels …

  • Nigeria To Highlight $10Bn Oil And Gas Investment Strategies At AEW 31 Aug 2024 14:26 GMT

    … of Africa’s largest crude oil producer, highlighting the … Nigeria into a net exporter of refined petroleum products to Europe, … 650,000 barrels per day, the refinery is Africa … domestic refining capacity, petrochemical complexes and distribution infrastructure …

  • India reduces windfall tax on crude petroleum to ₹1,850 per tonne 31 Aug 2024 00:08 GMT

    … SAED on the export of petrol, diesel and jet fuel or ATF has … above $75 per barrel. Export of diesel, ATF and petrol attract the levy … the difference between crude oil (raw material) and finished petroleum products. India first …

  • Iraq cancels 1M barrels of crude, defers more to meet OPEC+ targets: SOMO 31 Aug 2024 11:59 GMT

    … has canceled a 1-million-barrel spot crude sale and will defer … its OPEC+ quota. The export cuts will be accompanied by reduced refinery runs … Association of the Petroleum Industry of Kurdistan, representing oil companies in the …

  • NNPC must sell petrol above landing cost to combat smuggling — Oil Minister   31 Aug 2024 11:24 GMT

    … Furthermore, Lokpobiri acknowledged that fuel smuggling from Nigeria to … million barrels of crude oil per day, but the Organization of Petroleum Exporting … Countries and its allies (OPEC …

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