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crude exports

Middle East Crude-Benchmarks fall; Brent-Dubai EFS widest since Nov 2019
Markets

Middle East Crude-Benchmarks fall; Brent-Dubai EFS widest since Nov 2019

  • The wide Brent-Dubai price spread deterred Asian buyers from purchasing more Atlantic Basin oil priced off Brent and capped spot premiums of regional grades.
  • Petroleum Brunei has sold its Kimanis crude cargo loading in early June at $1.10 a barrel above dated Brent, while ConocoPhillips sold its cargo likely to Ampol at a premium of $1.30 a barrel, a trader said.
Published 26 Apr, 2021 04:45pm
Saudi's January crude exports hit highest in nine months
Markets

Saudi's January crude exports hit highest in nine months

  • Crude exports from the world's biggest oil exporter rose to 6.582 million barrels per day (bpd) in January from December's 6.495 million bpd.
  • Total crude and oil products exports rose to 7.75 million bpd in January from 7.71 million bpd a month earlier.
Published 18 Mar, 2021 09:12pm
Saudi crude exports hit eight-month peak in December 2020
Markets

Saudi crude exports hit eight-month peak in December 2020

  • Exports rose to 6.495 million barrels per day (bpd), highest since April 2020, from November's 6.35 million bpd.
  • Saudi domestic crude refinery throughput fell by 0.4% to 2.33 million bpd, while direct crude burn dropped by 53,000 bpd to 267,000 bpd.
Published 17 Feb, 2021 08:46pm